Debit


Definition of "Debit"

Kim Murray
  Platinum Properties Real Estate

In insurance, debit agents list of total premiums to be collected. This also applies to the geographical area in which an agent collects the premiums.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Life Expectancy

Probability of one's living to a specific age according to a particular mortality table. Life expect ...

Liquidation Period

Time frame during which an annuitant receives income payments from the insurance company, usually on ...

Participation Clause

clause found in health insurance contracts that requires the insured to pay a specified percentage ...

Nuclear Regulatory Commission

U.S. government agency (formerly the Atomic Energy Commission) responsible for regulating the nuclea ...

Mercantile Open-stock Burglary Insurance

Coverage for damage or destruction of property due to a crime, and property lost due to a burglary, ...

Personal History

Insurance applicant's life and health record, financial standing, driving record, general character, ...

Related Real Estate FAQ

What Is A Foreclosure?

A foreclosure is the legal process by which a mortgage property is seized due to default and then so ...

What Is A Point?

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

What Is Zoning?

Zoning is the laws that establish how a property can be used and what codes must be followed when er ...

What Is A Mortgage Insurance Premium (MIP)?

A mortgage insurance premium is a policy that insures the lender against loss if the homeowner defau ...

How Much Will My Principal Be?

This calculator figures your principal balance after any number of payments. Input the beginning pri ...

What Is A Gated Community?

A gated community is a community of homes where you must pass through a security gate in order to en ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

5 U.S. Cities with the Best Public Transportation Real Estate Open House - The Dos and Don 7 Things to Consider Before Moving to a New City What is Earnest Money Should you Buy a Home with Cash?

FAQ

What is a lease purchase mortgage? What do I need to know about Individual Health Insurance? What are prepayment penalties? I need Hospital Insurance in addition to my current health insurance policy? What is a gated community?