Prepaid Expenses


Definition of "Prepaid expenses"

Expenditures paid for in advance such as property insurance, rent, and interest. Prepaid expenses are not used or consumed until later. They are typically of a recurring nature.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Flexible Premium

one in which the amount and frequency of payment may fluctuate. ...

Neon And Fluorescent Sign Insurance

Coverage through an endorsement to the glass insurance policy on an all risks basis, subject to the ...

Doctrine

Legal rule, principle, or tenet. ...

Surety Association Of America (saa)

Association whose membership is composed of surety bonding companies. The association's primary purp ...

Will

Usually a written document stipulating the disposition of one's assets at death. If this document do ...

Simplified Earnings Form

Addition to a business property insurance policy to cover loss of earnings, subject to a monthly lim ...

Related Real Estate FAQ

What If They No Longer Make My Specific Computer?

The insurance company will replace it with a model as close to it as possible in the current retail ...

What Is A Lien?

A lien is a claim against a property. ...

What Is A Lock In?

A lock in guarantees a certain interest rate for a certain period of time. ...

What Is An Interest Rate?

An interest rate is the percentage the lender charges you for borrowing money. ...

What Do I Need To Know About Term Life Insurance?

Provides financial protection for a limited, specified period of time, at a lower cost than permanen ...

What Is A Negative Amortization?

A negative amortization is a type of loan situation that occurs when the monthly payments do not cov ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Top Five Reasons Your Home Offer was Rejected 10 Tips for Homebuyers 5 signs of house foundation problems Mortgage Loan Types Foreclosure - The Pros and Cons of Buying

FAQ

Should I Pay Points for a Lower Rate? What is Disability Insurance? How can I protect my Home Office? What is a contingency? What is an interest rate?