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

Anchor Tenant

Major tenant, such as a nationally know department store, in a shopping center who determines the su ...

Estate Settlement Costs

Expenses connected with resolving an estate to include medical expenditures, funeral expenditures, p ...

Leasehold Value Interest

Difference between the rent paid by a lessee as fixed by a lease prior to destruction of property an ...

Gross Lease

a rental in which the lessor pays all operating costs such as taxes, utilities, insurance, and maint ...

Physicians And Surgeons Equipment Insurance

Coverage for equipment normally carried from location to location by a physician or surgeon; written ...

Profit-sharing Plan

Arrangement by an employer in which employees share in profits of the business. To be a qualified pl ...

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What Does Fannie Mae Mean?

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

What Is A Private Mortgage?

Private mortgage insurance is insurance that protects mortgage lenders against default on loans by p ...

What Is PITI And What Does It Stand For?

PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

What Is A Sales Contract?

A sales contract is the contract you draw up when you want to make an offer on a home. ...

What Does Preapproved Mean?

When you are preapproved, you have a definite commitment from a lender ...

What Is A Gated Community?

A gated community is a community of homes where you must pass through a security gate in order to en ...

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