Mutual Atomic Energy Reinsurance Pool


Definition of "Mutual atomic energy reinsurance pool"

Group of mutual insurers that provides insurance for nuclear reactors that standard property and liability policies exclude. The federal government provides supplementary coverage.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Basis Point

Unit of measure for the change in interest rates for loans. One basis point equates to 1 percent of ...

Inwood Annuity Factor

Method used by appraisers and investors to evaluate a level of payment income stream for a fixed per ...

Franchise Clause

Clause found in a marine insurance policy that states that the policy will not pay any claims less t ...

Floor Joists

Beams providing structural floor support. Flooring is directly attached to the floor joists. See als ...

Paramedical Examination

Medical check of an applicant for life or health insurance by a medical professional who is not a ph ...

Negative Amortization

A rise in the loan balance when the mortgage payment is less than the interest due. Sometimes calle ...

Related Real Estate FAQ

What Is An Overall Debt Ratio?

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-t ...

Who Is A Subagent?

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

What Does Fannie Mae Mean?

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report ...

What Is A Qualifying Ratio?

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

What Is A Front-end Ratio?

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

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

What is Escrow and how does it Work? Is it better to buy or sell a home first 6 Reasons you are not selling properties How To Get A Loan with Bad Credit When to buy a house

FAQ

What is a FHA mortgage? What is a gift letter? What is a Buildable acre? What is an agent? Should I Pay Points for a Lower Rate?