Derived Demand

Capability of a party to enter into a contract such as having the financial and physical resources as well as mental competency to meet contractual commitments. ...

An interest rate that is applicable when interest in subsequent periods is earned not only on the original principal but also on the accumulated interest of prior periods. ...

Unit of measure for the change in interest rates for loans. One basis point equates to 1 percent of 1 percent, that is, 0.01 percent. Therefore, one hundred basis points equals 1 percent. ...

A style of architecture originating in Europe in the 1920s. The international architecture design was very functional and emphasized buildings constructed of steel, reinforced concrete, and ...

Fund set aside for periodic payments, aimed at reducing a financial obligation taken out to buy real estate, or to accumulate enough funds to buy property or plant expansion. The principal ...

Unregistered stock or bond that pays the holder dividends (if stock) or interest (if bonds) as well as the selling price when sold (if stock) or principal (if bonds are held to maturity). ...

An estate which descends to heirs in perpetuum. In an estate of inheritance, the current tenant not only has the right to enjoy the property for life, buy his or her tenancy rights pass to ...

Any commercially fabricated and widely available product designed for household and personal use. Consumer goods are available in an open market place and are competitively priced. ...

As the first city to ever be established in South Carolina it is safe to say that the city of Charleston has a rich history. Over the years it managed to become the largest city in ...

Wondering how to calculate the fair market value of a property? It helps if you understand that it’s all about an estimate; you’ll hardly bull’s-eye-it. Fair market ...

Hey, don’t feel ashamed for not knowing what is the difference between a real estate broker and a real estate agent. This is truly one of the most common real estate confusions out ...

You have probably heard a lot of good things about living near a highway, but also things that made you reconsider your options. Maybe the noise of passing cars is too much to bear if you ...

If you’re moving to a new city, then you’re going to want to know some information about that city before you make such an important decision. You might inquire as to what the ...

Having trouble deciding whether to spend your vacation in Pigeon Forge or Gatlinburg? Don’t worry, we’re here to help! Both are attractive vacation destinations, so we ...

Fort Mill is a city located in York County, in the northern part of South Carolina. This city has a population of about 17,000 people and it is well-positioned in the proximity of Rock Hill ...

San Antonio, Texas has rapidly grown in the past few years. There is no surprise that between 2000 and 2010 it was declared the fastest-growing city in the United States. With a ...