Downspout

Definition of "Downspout"

Rainwater pipe attached to a roof gutter channeling the run off down and away form the building.

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Fictitious Group

Assembly of people formed only for obtaining group insurance. Such a group is uninsurable and violat ...

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Table charting relative costs of a group of cash value life insurance policies derived by using the ...

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The act of recording of deeds and other property instruments in a public registry. Recordation give ...

Interest Cost (IC)

A comprehensive and time-adjusted measure of loan cost to the borrower. IC on a Mortgage: IC is what ...

Deferred Dividends

End of a defined time period that dividends become payable to the policyholder. ...

Lot Split

Dividing a lot into two or more parcels. Normally a variance would have to be obtained to permit a l ...

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