Closing Costs: Expenses incurred during the sale closing process, or 'back end' of a transaction. These normally include preparation of the deed, equity transfer for right-to-use timeshare properties, recording fees, escrow costs, and administrative fees.

 

Related Words

Closing Costs: A general term to describe the fees that a borrower will pay at closing. Sometimes called 'settlement fees.'

Opportunity Costs: The difference in the performance of an actual investment and a desired investment adjusted for fixed costs and execution costs. When not all desired trades can be implemented. Most valuable . . . View Full Definition

Non-Recurring Adoption Costs: One time adoption expenses, which may be at least partially reimbursed by states up to a maximum amount to families adopting children with special needs. Allowable expenses for this reimburs . . . View Full Definition

Post-Closing Trial Balance: A listing of all real account balances after the closing process has been completed: provides a means of testing whether total debits equal total credits for all real accounts prior to begin . . . View Full Definition

Price Impact Costs: Related: Market impact costs

Market Timing Costs: Costs that arise from price movement of a stock during a transaction period but attributable to other activity in the stock.

Agency Costs: The incremental costs of having an agent make decisions for a principal.

Indirect Management Costs: Expenses in a budget of a real estate agency or parent company the are partially attributable to the operation of a management department.

Information Costs: The rise in the stock price following a dividend signal, or publication of some other related news.

Landed Costs: The total costs involved when importing goods. They include buying, shipping, insuring and associated taxes.