Stock In Trade

Definition of "Stock in trade"

Inventory that is marketed and sold by an entity.

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Related Real Estate Glossary terms

Lateral

Same as term lateral support: The right of a landowner to have lateral land support from adjacent pr ...

Late Fees

Fees assessed by lenders when payments are late. Late fees are usually 4% or 5% of the payment. A b ...

Executory Contract

Agreement in which some terms are yet to be carried out. The contract is still not fully completed. ...

Rate Of Surplus Formation Ratio

Insurance company's growth rate of adjusted surplus divided by its adjusted liabilities. The greater ...

Statute

Legislative written decree (rule) stipulating prescribed action and conduct designed to be in the pu ...

Calendar Year Accounting Incurred Losses

Losses paid plus positive or negative changes in the year-end loss reserves during that particular y ...

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What Is A Negative Amortization?

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

What Is A Buyer’s Agent?

An agent hired by buyers to help them find and negotiate the purchase of a home. This agent works fo ...

How Can I Protect My Home Office?

Commercial insurance is designed to help protect many of the risks your business can face, includin ...

What Is Long Term Care Insurance?

Long-term care refers to a broad range of medical and personal care services designed to assist indi ...

What Is A Survey?

A survey is an examination of a property\'s boundaries to determine the quantity of land, location o ...

What Is An Amortization?

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

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