Compound Sum


Definition of "Compound sum"

Usha Hanif
  Kuruvila Realty Associates

Total amount due at maturity consisting of both principal and compound interest.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Bridge Insurance

Coverage for damage or destruction to an insured bridge. Insures on an all risks basis subject to ex ...

Second Mortgage

A loan with a second-priority claim against a property in the event that the borrower defaults. S ...

Loss Development

Difference in the amount of losses between the beginning and end of a time period. ...

Qualification Requirements

Standards imposed by lenders as conditions for granting loans, including maximum ratios of housing ...

Ex Gratia Payment

From favor payment by an insurance company to an insured even though the company has no legal liabil ...

Homogenous

Descriptive of the architectural development of property in a certain area. For example, a housing s ...

Related Real Estate FAQ

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 ...

What Are Comparables Or Comps?

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

What Are Paid Advertorials?

Paid advertorials are articles written by public relations professionals that have just one goal in ...

What Is A Spec House?

The textbook definition of a spec house is \"one built on a speculative basis, without an order on 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 Is Flood Insurance?

Flood insurance is insurance that compensates for the physical property damage resulting from rising ...

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

Home Prices - The Extra Costs How To Get A Loan with Bad Credit What is Hazard Insurance? Is it better to buy or sell a home first What Must I Disclose When Selling My Home?

FAQ

What is the Tax Benefits of Buying a Home? What is an assessed value? What is a Ginnie Mae? What do I need to know about Universal Life Insurance? What is a contingency?