Related Words

Property: In the hospitality industry, any lodging facility, such as a hotel or motel.

Property Rights: Rights of individuals and companies to own and use property as they see fit and to receive the stream of income that their property generates.

Residential Property: Property that consists of homes, apartments, townhouses, and condominiums.

Separation Property: The property that portfolio choice can be divided into two independent tasks: (1) Determination of the optimal risky portfolio, which is a purely mathematical problem, and (2) the personal c . . . View Full Definition

Chemical Property: Measurement of a chemical property involves a chemical change. For example, determining the flammability of gasoline involves burning it, producing carbon dioxide and water.

Property Inventory: A list of personal property with corresponding values and initial costs often used to substantiate insurance claim and tax losses.

Subject Property: A reference to the real property under discussion, or the real property under appraisal.

Net Property, Plant And Equipment: Gross property, plant and equipment minus accumulated depreciation. This number represents that portion of PP&E acquisition cost that has not yet been recognized as an expense. It is not the . . . View Full Definition

Agent Property Evaluation: A questionnaire filled out by real estate agents while reviewing a listed property. Often completed during the course of a caravan.

Real Property Tax: A real property tax is a local tax on the value of real estate. The property may be assessed at full value, which is presumably the price that the owner could sell it for in the current mark . . . View Full Definition