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First User |
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First UserA tax term signifying the one who builds or buys property and is the first one to put the buildings to use. Certain tax (depreciation) advantages are given to a first user. The term concerns only depreciable property (improvements) and prior use of the land only (farming) would not be considered.First User Similar MatchesFirst preferred stockFirst preferred stockA type of preferred stock that has priority over other preferred issues and common stock when claiming dividends and assets. First chargeFirst chargeIf your property is collateral for more than one property and the borrower defaults on payments, the lender with a first charge has the option to repossess the home. Right of first refusalRight of first refusalThe right of a person or company to purchase some thing before the offering is made to others. First mortgageFirst mortgageA mortgage which carries priority over any subsequent mortgages if the borrower goes into default and his/her assets have to be sold to pay creditors. First bestFirst bestSee second best. Further SuggestionsFirst mortgageFirst mover advantage First Refusal Right first death insurance First Mortgage Last in, first out (LIFO) First mortgage First time buyer First market First call First In, First Out (FIFO) First degree homogeneous first closing date first notice day First pass regression Perfected first lien First order condition First theorem of welfare economics First call date |
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