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 interest

Simple interest

Interest, normally paid annually, which is earned on deposited capital only. Unlike compound interest, the annual interest is not added to the capital. For example, if the capital deposited is £1,000 and the interest rate is £80, you would receive £80 at the end of the first year and at the end of the second year. This contrasts with compound interest, where the £80 interest earned on the first year would be added to the original capital, and the amount of money earning interest in the second year would be £1,080.00.


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 Once reversionary bonuses are declared, they cannot be withdrawn by the life company provided the policy conditions are fulfilled until a claim is made (that is, at maturity or previous death).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 moving average

Simple moving average

The mean, calculated at any time over a past period of fixed length.


Simple interest

Simple interest

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


Simple IRA

Simple IRA

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


Further Suggestions

Simple linear trend model
Simple rate of return
Simple linear regression
Simple prospect
Simple compound growth method


 
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