Definition of "Photovoltaic"

Active photoelectric cell made of silicon and activated by electromagnetic energy in the form of light waves. They are now used in a wide range of electronic systems including modulated-light systems such as fiber optics arrays, measuring devices, and in control devices. Photovoltaic cells employ a solid-state diode structure with a large area on a silicon wafer. The surface layer is very thin and transparent so that light can penetrate the silicon.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Method of selling and obtains possession, but the seller retains the title. ...

The term statute is a written law that is adopted by a legislative body from the country, federal, state, county, or city level. The statute definition can be a legislative written decree ...

Legal proceeding to exercise a right in a disagreement between private individuals or businesses. One party seeks a remedy against the other. It does not involve a criminal situation. ...

How much water may be retained in a unit, such as an expansion tank in a home. ...

See ordinary annuity. ...

Provision in a commercial lease providing a financial allowance for a tenant to finish the interior of a building according to individual requirements. ...

A method of purchasing real estate whereby a maximum amount of leverage is used. Normally the seller will finance the down payment necessary to acquire a mortgage. Thus, the purchaser is ...

The down payment on the price of a real estate. For example, it is customary to make a down payment of 10% of the value of a real estate parcel upon signing the purchase agreement. ...

The time period a real estate investment is held. The return is tied to the time period of the investment. The period is used for income tax purpose to determine whether a profit earned or ...

Popular Real Estate Questions