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

Accident Rate

Number of times an accident occurs. Used in predicting losses upon which premiums are based. ...

Principle Of Conformity

How one's real property fits into the neighborhood,. For example, if someone's house is very small a ...

Et Ux

Legal abbreviation meaning "and wife". ...

Prospect Cards

File of prospective real estate customers showing their address, telephone number, time and date of ...

Business Owners Policy (bop)

Combination property, liability, and business interruption policy. It is usually written to cover ex ...

Artesian Well

Drilled well where water rises through the opening because of naturally occurring water pressure. ...

Related Real Estate FAQ

What Is An Investment Property?

An investment property is a property you purchase with the intension of using it as a rental income ...

What Is An Escrow Officer?

An escrow officer - also known as a loan officer - is the person that walks you through the closing ...

What Is An Easement?

An easement is the right given by the landowner to use the property. ...

What Are Prepayment Penalties?

A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off o ...

What Is Loan Amortization?

This calculator will amortize your mortgage over the loan period based on your input. To see a break ...

What Is A Spec House?

The textbook definition of a spec house is \"one built on a speculative basis, without an order on t ...

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

Foreclosure - The Pros and Cons of Buying How is Square Footage Determined? When to buy a house What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? Is it better to buy or sell a home first

FAQ

What is an origination fee? What is a convertible ARM? What is an inspection? What do I need to know about Watercraft Insurance? What is a mortgage banker?