AF


 

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AF

The two-character ISO 3166 country code for AFGHANISTAN.



AF

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Before And After Method

Before And After Method

An appraisal method used in both condemnation and modernization. In condemnation the method is used in a partial taking. The value of the total land owned by A, for example, is $1.00 per sq. ft. After a partial taking, the remaining land of A is worth $.75 per sq. ft. A should receive $1.00 per sq. ft. for the property taken plus $.25 per sq. ft. for the remaining parcel. In the event the remaining property is worth $1.25 after the taking (increased value), the payment to A could be less than the value of the property taken. In modernization, an appraiser may take the value of property before and after remodeling to determine if the value increased more than modernization costs.


CAFTA

CAFTA

U.S.-Central American Free Trade Agreement.


LAFTA

LAFTA

Latin American Free Trade Association


Banker's draft

Banker's draft

In situations where a person owes money to a creditor, and the creditor is not prepared to accept a personal cheque because he thinks it might bounce, a banker's draft can provide a solution. It is simply a cheque made out to the creditor by the debtor's bank, and in the eyes of the creditor is much more secure.


After tax real rate of return

After tax real rate of return

The after-tax rate of return minus the inflation rate.


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