Related Words

Maintenance Charges: Monthly or annual charges assessed in a condominium, planned united development, or cooperative development to cover operational costs.

Preventive Maintenance: Includes regularly scheduled activities such as painting and seasonal servicing of appliances and systems. Preventive maintenance preserves the long-range value and physical integrity of the . . . View Full Definition

Port Charges: A charge levied of cruise lines by local government authorities. This charge is passed on to the cruise passenger. To present a fairer representation of cruise costs, 7 blue seas includes po . . . View Full Definition

Minimum Maintenance: The lowest required equity level that must be held with a broker in a margin account. See: Margin call.

Repair Or Corrective Maintenance: Involves the actual repairs that keep the buildings equipment, utilities and amenities functioning. Repairing a boiler, finding a leaky faucet and mending a broken air-conditioning unit are . . . View Full Definition

Routine Maintenance: Includes such day-to-day duties as cleaning common areas, performing minor carpentry and plumbing adjustments and providing regularly scheduled upkeep of heating, air-conditioning and landscaping.

Termination Charges: Fees that wireless telephone companies pay to complete calls on wireline phone networks or vice versa.

Specialty Health Maintenance Organization (Specialty HMO): An organization that uses an HMO model to provide healthcare services in a subset or single specialty of medical care.

Security Deposit (Maintenance): Related: Maintenance margin

Maintenance Medication: Medications that are prescribed for long-term treatment of chronic conditions, such as diabetes, high blood pressure or asthma. Maintenance medications are available through Tel-Drug Rx, CIG . . . View Full Definition