Half Bath

Definition of "Half bath"

Room containing a toilet and wash basin, but does not include a shower or bath tub.

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Cost Containment Provision

In many health insurance and dental insurance policies, stipulation that, if the estimated cost of a ...

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Individual or organization that is a potential purchaser of an insurance product. ...

Forfeiture

Loss of property from nonfulfillment of some duty or condition. In some cases, forfeiture is require ...

Political Risk

Investment risk associated with the changes in government policies that may have a dramatic effect o ...

Balloon Mortgage

A mortgage that is payable in full after a period that is shorter than the term. In the 1920s most b ...

Average Indexed Monthly Earnings (aime)

Method of calculating the primary insurance amount (PIA) for Social Security benefits. Employees' co ...

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FAQ

What is homeowners association (HOA)? What is a proprietary lease? What is a rate lock? What is earnest money? If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee?