Gross Domestic Product (GDP)
Definition of "Gross Domestic Product (GDP)"
Measure of the value of all goods and services produced by the economy within its boundaries and is the nation's broadest gauge of economic health. GDA is often a measure of the state of the economy. Experts look upon other measures such as housing and construction activity, unemployment rate, corporate profits, and retail sales to look for a sign of recession.
Popular Real Estate Terms
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Amount still unpaid at a particular date on a loan or other financing agreement. ...
A will where the decedent's nomination of an executor/executrix is flawed, requiring an administrator to be appointed by the court and annexed to the will. ...
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Restraining a person or business from denying an appropriate conveyance of property evidenced by a deed has given. ...
Items of real and personal property that usually have a long life, such as housing and other real estate. ...
Partner in a real estate business who remains anonymous but has legal rights and obligations. ...
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