Basic Industry Multiplier
Percentage of a geographic location's population to the number of persons employable by a basic industry in that area. A basic industry is one that draws income from outside the locality for its product or service. The industry not only generates jobs directly but indirectly creates jobs for related services. The industry not only attracts workers from outside the area but also their families.
Popular Real Estate Terms
Creates a lien against the mortgagor's property, but does not permit a lien against his or her personal assets. See also non recourse. ...
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Expected period of benefit used to depreciate business property, plant, and equipment. The guidelines may be developed by the industry or Internal Revenue Service (IRS). ...
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