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Glossary of terms used on this site

There are 266 entries in this glossary.
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Term Definition
Improvement
Any permanent structure or work on real property, which increases its value or extends its useful life.
Income Property
Real estate that is best suited to generate income through the process of renting or other sources.
Income Statement
A financial document stating the sales, expenses, and net profit for a company or business in a given time period.
Index Lease
A lease in which the rental amount adjusts according to changes in a price index, commonly the consumer price index.
Insulation
Material that reduces or prevents the transmission of heat, sound or electricity.
Interest
Money charged by lenders for borrowing money for a certain period of time.
Interest Rate
The rate that lenders charge their borrowers for the privilege of borrowing money
Internal Rate of Return (IRR)
The rates of return used in capital budgeting to measure and compare the profitability of investments. It can also be called the Discounted Cash Flow Rate of Return (DCFROR) or simply the Rate of Return (ROR).
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