Expense Reimbursement Allowance

Definition of "Expense reimbursement allowance"

Same as term Expense Allowance: payment to an insurance agent in addition to commissions. Expense allowances, that differ from company to company, vary with the amount of business agents place with that company and the need of the company to attract future business.

Search Real Estate Glossary

Related Real Estate Glossary terms

Entire Contract Clause

Feature of life and health insurance policies that stipulates that the policy represents the whole a ...

Discriminatory Inducement

Real estate property incentive offered for reasons other than individual merit. A discriminatory in ...

Life Insurance Illustrations Model Regulation

Regulation set forth by the national association of insurance commissioners (naic) to govern life in ...

Decrement

The act or process of decreasing in size. The total amount of decrease. ...

Claim Adjuster

Same as term Adjuster: individual employed by a property and casualty insurance company to settle on ...

Aam

Same as term Associate in Automation Management: professional designation earned after the successfu ...

Related Real Estate FAQ

What Is A Home Warranty?

A home warranty is a guarantee for certain features of a new home-for instance, the materials and wo ...

What Is A CD?

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed ...

What Is Depreciation?

Depreciation is a decline in the value of property due to general wear and tear, or is also known as ...

What Is A Maintenance Fee?

A maintenance fee is a charge by condominium associations, co-ops, or other homeowners associations ...

What Is A Seller Takeback?

A seller takeback is a type of financing in which the seller arranges for the financing on a propert ...

What Is A Qualifying Ratio?

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

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

Agents join here

Add our widget on your Website

Real Estate Advice

Short Sale Homes Home Prices - The Extra Costs What do Real Estate Attorneys do? What is the Best Time of Year to Buy a Home? How To Sell Your Home

FAQ

What is a mortgage insurance premium (MIP)? What do I need to know about Watercraft Insurance? What is a lien? What is accession? What is a contingency?