Compound Sum

Definition of "Compound sum"

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

Search Real Estate Glossary

Related Real Estate Glossary terms

Steep Land

Land located on a precipice. ...

Commercial Package Policy (cpp)

Insurance policy that is commercial lines in orientation and is composed of two or more of the follo ...

Section 2503 (c) Of The Internal Revenue Code

Section of the code that qualifies the establishment of a trust for minors under which income can be ...

Renewal Provision

Clause in an insurance policy that permits an insured to renew without having to take a medical exam ...

Certified Assessment Evaluator (CAE)

Credential awarded by the International Association of Assessing Officers to appraisers of real prop ...

Insurable Interest

Expectation of a monetary loss that can be covered by insurance. Insurable interest varies according ...

Related Real Estate FAQ

What Is An Easement?

An easement is the right given by the landowner to use the property. ...

What Are Discount Points?

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

How Much Income Do I Need ?

Mortgage companies use ratios to analyze your mortgage payment. The housing payment ratio (or front ...

Is Depreciation Common?

Generally, real property never depreciates in value, or more so, it is not very common for property ...

What Is A Contingency?

A contingency is a provision included in a sales contract stating that certain events must occur or ...

What Is A CD?

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

How To Get A Loan with Bad Credit 7 Things to Consider Before Moving to a New City Why Right Now is a Good Time for Millennials to Buy a Home How To Choose A Realtor What is the Best Time of Year to Buy a Home?

FAQ

What is a debt-to-income ratio? What is a basic policy? What is an agent? What is a lifetime rate cap? What is a Good Faith Estimate?