Mean Reserve


Definition of "Mean reserve"

Richard Fox
  Highgarden Real Estate

Initial reserve plus the terminal reserve divided by two for any year of valuation.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Run With The Land

Privileges, rights, obligations, or restrictions associated with owning land. They are directly ass ...

Wrap-up Insurance

Liability policy that covers all liability exposures for a large group that has something in common. ...

Immobility

Unable to move a structure so it must stay where it is. Except for mobile homes, property is fixe ...

Contract Date

Date of issue of the policy. ...

Adjustable Premium

Premium that can vary up or down, Some life insurance policies permit the company to change the prem ...

Financial Intermediaries

Same as term financial institutions: Institutions acting as intermediaries between suppliers and use ...

Related Real Estate FAQ

What Is An Index?

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

What Is A Contingency?

A contingency is a provision included in a sales contract stating that certain events must occur or ...

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 ...

What Is A Deed?

A deed is a legal document that conveys the title to a property. ...

What Is Cooperative?

Cooperative is a form of home ownership in which you own shares in a corporation. In return for the ...

What Is A APR Loan?

This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input par ...

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

How to become a real estate agent Mortgage Loan Types How To Sell Your Home How To Get A Loan with Bad Credit Build or Buy? That’s the Big Question

FAQ

What is joint tenancy? What is homeowners association (HOA)? What is a home warranty? What is commission? What is a lease purchase mortgage?