Life Style / Time Shares / Resale: A timeshare property being advertised for sale after it was originally purchased from a resort developer during the initial sales at that resort. Timeshare resales are typically available for 50%-70% off a resort's original asking price.
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Business / Finance / Presale Order: An order to purchase part of a new municipal bond issue that is accepted by an underwriting syndicate before an official public offering. MORE
Business / Real Estate / Pass-Through Security: A security issued by the Government National Mortgage Association (Ginnie Mae) to mortgage investors. Cash flows from the underlying block individual mortgage loans are passed through to the holders o MORE
Business / Real Estate / Real Estate Dealer: A real estate dealer holds property primarily for resale to customers in the course of business, in contrast to a real estate investor who holds property for personal investment. Dealers are denied ce MORE
Business / Accounting / Inventory: A subsidiary ledger which is usually used to record the details of individual items of stock. Inventories can also be used to hold the details of other assets of a business. See Perpetual , Periodic . MORE
Business / Taxes / Share Class: Some stocks and certain mutual funds subdivide their shares into classes or groups to designate their special characteristics. For example, the differences between Class A shares and Class B shares of MORE
Business / Real Estate / Real Estate Investor: A real estate investor holds property for personal investment reasons, in contrast to a real estate dealer who holds property primarily for resale to customers. Investors are allowed certain income ta MORE