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

Outboard Motor Boat Insurance

Coverage on an all risks basis for physical damage loss. Coverage applies to property damage to the ...

Claims Department

Section of the insurance company that administers claims for the losses incurred by the insured. ...

Nonproportional Facultative Reinsurance

Coverage in which an insurer is not bound to cede and a reinsurer is not bound to accept a risk. A s ...

Off-site Costs

Expenditures incurred to improve a specific real estate development; however, these improvements are ...

Reinforced Concrete

Concrete with steel rods inserted into it to provide additional working load support. The premise i ...

Interest Due

The amount of interest, expressed in dollars, computed by multiplying the loan balance at the end of ...

Related Real Estate FAQ

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and ...

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 ...

What Is A Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

What Is A Balloon Mortgage?

A type of mortgage in which the loan amount is amortized over the full length of the loan (usually 3 ...

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 Term?

A term is the length of a loan. ...

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