Salary Scales

Definition of "Salary scales"

System whereby benefits in an employee benefit insurance plan vary according to the employee's earnings.

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Related Real Estate Glossary terms

Time Value Of Money

Relationship determined by the mathematics of compound interest between the value of a sum of money ...

Security

A certificate of ownership in a real estate company. Pledged assets for a borrowing. An example i ...

Balance Sheet

Accounting statement showing the financial condition of a company at a particular date. Listed on th ...

Reparations

Payment made by a party causing harm to the party incurring that harm. ...

Residue

What remains after something is removed, such as substances left after a pollution treatment facili ...

Amortization

The repayment of principal from scheduled mortgage payments that exceed the interest due. The schedu ...

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What Is A Subdivision?

A subdivision is a piece of land divided into several plots in which homes are built. ...

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The public tax assessor value of a property as determined for the purpose of taxation. ...

What Is Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

What Are Comparables Or Comps?

Recently sold properties that are similar in size, location, and amenities to the home for sale. The ...

What Type Of Life Insurance Is Right For Me?

A life insurance policy can help enable your family to remain financially if you or your spouse shou ...

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