First time buyer


 

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First time buyer

A person who does not already own a property and is therefore not part of a chain.



First time buyer

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First User

First User

A 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 mover advantage

First mover advantage

The advantage that a firm or country may derive from being the first to enter a market, or from being the first to use a new technology, advertising technique, etc.


First order condition

First order condition

One of the mathematical necessary conditions for maximization, used routinely in solving economic models. Typically, it consists of setting equal to zero the derivative of the function being maximized (or its Lagrangian) with respect to a variable that can be controlled.


First pass regression

First pass regression

A time series regression to estimate the betas of securities portfolios.


First mortgage

First mortgage

The original loan taken out to purchase a home.


Further Suggestions

First preferred stock
first notice day
First In, First Out (FIFO)
First call date
First charge
First theorem of welfare economics
First market
first mortgage
Last in, first out (LIFO)
First Mortgage
first closing date
Right of first refusal
Perfected first lien
first death insurance
First Refusal Right
First degree homogeneous
First best
First call
First mortgage


 
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