APPRAISAL
1. an evaluation done to determine an items worth. 2. when an appraiser assesses market value, estimates damage, and determines loss. It is written and effects the value of the property. AKA
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
1. an evaluation done to determine an items worth. 2. when an appraiser assesses market value, estimates damage, and determines loss. It is written and effects the value of the property. AKA
In property insurance the insured or insurer can demand an appraisal for property damaged to justify a claim.
A charge that an appraiser estimates for market value. The fee is based on the value or it can be fixed.
When an asset’s value increases due to improvements or additions.
When an item or skill can be learned or copied and can be reused elsewhere.
Acting appropriately or fitting the requirements that are asked of a party.
1. part of income that is how profits are used to pay debt or increase profit. It states the profit amount not how it got there. 2. an account held by government
When a new owner can take possession of anything on the land they purchased. This occurs when responsibility is not taken as the contract states.
An additional structure on an insured piece of land.
Insurance for any additional property that is on the policy. It covers 10% of the covered item.
Having an ability to learn new skills. Interest in what is being taught or trained is important.
A test given to employees to assess abilities and potential.
A harmful result on the marine life due to toxic substance exposure.
Any liquid waste that is waterbased. It may have floating or settled debris like oil, paint, or rust.
An investment strategy involving the simultaneous purchase and sale of two ASSETS in order to capitalize on small price or rate discrepancies. The intent of the strategy is to generate a profit
A proof that a firm is following provisions for local tax regimen.
A discharge of electricity over a space with two electrodes.
A furnace that creates heat with electric current. Metal scrap or electrodes are used in this proces.
Joining metals by heating the spaces between them and adding a filler metal.
A strong angel investor with a successful history in investment. A consultant kept by angels to research and present opportunities.