Doubledigit Inflation

Definition of "Double-digit inflation"

Annual rate of inflation of 10% or higher.

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Related Real Estate Glossary terms

Mercantile Robbery Insurance

Coverage available under two forms for actual or attempted robbery of money, securities or other pro ...

Escalation Clause

provision in a rental agreement or other contract that stipulates for an increase in lease payments ...

Short Rate Cancellation

Cancellation by the insured of a property or disability insurance policy for which the returned unea ...

Joist

One of series of parallel beams directly supporting a floor or a roof. Joists can be made out of woo ...

Balance

The amount of the original loan remaining to be paid. It is equal to the loan amount less the sum of ...

Septic System

System for human waste disposal where sewers do not exist. Pipes transport waste into septic tank an ...

Related Real Estate FAQ

Why Do People Refinance?

People finance to obtain a new loan in order to pay off the existing mortgage or to gain access to t ...

What Is An Amortization?

The process of paying off a loan balance. As you make payments, a certain amount is applied to the p ...

What Is An Annuity?

An annuity is a long-term, interest-paying contract offered through an insurance company or financia ...

What Is A Quit Claim Deed?

A quit claim deed is a formal document that denies a claim to a certain property. Often used to clea ...

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 ...

How Much Income Do I Need ?

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

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What is a Buildable acre? What happens when a property starts to depreciate? What is a seller disclosure? What is Long Term Care Insurance? What is a lock in?