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

Cooperative Housing

An apartment ownership method in an apartment complex with stock in a corporation. Each owner has a ...

Paul V. Virginia

U.S. Supreme Court case in 1868 in which the decision (since overruled) was that an insurance policy ...

State Mutual

Assessment mutual company that operates on a statewide basis or in more than one state. ...

Projected Dividend

Estimated future dividends to be paid by a participating insurance policy. These dividend estimation ...

Estoppel

Stop or bar, such that one party makes a statement upon which a second party has every reason to rel ...

Nonforfeiture Reduced Paid-up Benefit

Right of a policyholder in life insurance with cash value to elect a smaller, fully paid-up policy, ...

Related Real Estate FAQ

What Is An Appreciation?

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

What Is Freddie Mac?

Freddie Mac is a name for the Federal Home Loan Mortgage Corp., which is a financial corporation cha ...

What Is A Seller Disclosure?

A seller disclosure is a form required by most states; the seller uses this form to disclose any kno ...

What Is A Closing?

The process of finalizing all the dealing associated with the sale and purchase of a home. (Also kno ...

What Is An Agent?

A person authorized to work on anothers behalf-for instance, a person authorized to sell or buy a ho ...

What Is An Index?

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

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

Real Estate Open House - The Dos and Don How To Choose A Realtor Why Use a Real Estate Agent? 5 U.S. Cities with the Best Public Transportation Why Right Now is a Good Time for Millennials to Buy a Home

FAQ

What type of a home is a condominium? What are basis points? What do I need to know about Universal Life Insurance? What is a home warranty? What is an APR and what does it include?