Fee Simple


 

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Fee Simple

An estate under which the owner owns a contract interest in the property and is entitled to the unrestricted enjoyment of the property, including the right to dispose property.



Fee Simple

Similar Matches

Simple reversionary bonus

Simple reversionary bonus

A with profits life assurance bonus, normally declared annually, which is based on the profits of the life company's investments. The simple reversionary bonus is calculated on the sum assured (or basic sum assured) only and is payable at the maturity of the policy or prior death. Once reversionary bonuses are declared, they cannot be withdrawn by the life company provided the policy conditions are fulfilled until a claim is made (that is, at maturity or previous death).


Simple interest

Simple interest

Interest calculated as a simple percentage of the original principal amount. Compare to compound interest.


Simple rate of return

Simple rate of return

The return from investments figured by dividing income plus capital gains by the amount of capital invested. The effect of compounding is not taken into account.


Simple IRA

Simple IRA

A salary deduction plan for retirement benefits provided by some small companies with no more than 100 employees.


Simple prospect

Simple prospect

An investment opportunity in which only two outcomes are possible.


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