The real estate bubble is distinguished by property values quickly increasing until they outperform other elements of the economy. They are then followed by a sharp decline in property value.

Real estate bought purposely to earn an income versus using the residence as a primary place of residence. A real estate investor will purchase buildings with the intent to rent.

Investor who assesses the real estate market and purchases property with the intention of earning money. Real estate investors can purchase residential or commercial property, depending on their specific goals.

Real investment is money that is invested in tangible and productive assets such as machinery and plant, as opposed to investment in securities or other financial instruments.

Data that divides households into two parts with one-half earning more than the median income and the other half earning less. This refers to the combination of more than one income earner

An individual or a business that has the legal right to sue or enforce a claim.

1. General: Response that appears to take place instantaneously 2. Computer model: Animations corresponding to real life situations 3. Data process: Instant updating 4. Data transmission: Simultaneous transfer of data as opposed

A payrate that is adjusted to account for the effects of inflation.

1. Practical orientation that relies on the facts and takes into consideration things as they are, not on what they might be. 2. Philosophical concept that theoretical entities such as numbers and

1. Change of assets, goods, or services into cash or receivables through sale. 2. Recognition of revenue when the title passes from seller to the buyer with the creation of a responsibility

Accounting idea that any change in the market value of an asset or liability is not recognized as a profit or loss until the asset is sold or the liability discharged.

Actual gain or loss that happens when an asset is turned into into cash at fair market value in a transaction. Also called realized gain/loss. See also paper profit (or loss).

How the funds left in a retirement plan are allocated when the employee leaves the company before he is vested. The funds are disbursed among other participants or used to cover expenses.

Form of coding that allows information from one site to be displayed on a computer or another webpage as a continuous stream of information. People can subscribe to feeds that interest them.

The number of pieces of paper found in a package. An office ream has 500 sheets of paper while a printer ream has 516 and a traditional ream features 480 pieces.

1. Recognition that it is not possible to declare with absolute certainty that an event will or will not happen. 2. Qualification that while a standard conforms to limits it is not

Reasonable compensation is compensation, which is consistent with the normal reward for any employee for the work performed or duties that are involved.

Reasonable cost is a price that is consistent with what a reasonable person would pay in the same or similar circumstances for the same business or for the same or similar item.

This term refers to the lack of proof that prevents a judge or jury from convicting a defendant a crime. The prosecuting attorney must provide proof beyond a reasonable doubt to establish

This term refers to an ordinary person who exercises care while avoiding extremes of boldness and carefulness. This term does not apply the same to each as each age group behaves differently.