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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 marketFirst marketExchange-traded securities. Perfected first lienPerfected first lienA first attachment on an asset that is duly recorded with the relevant government body so that the lender will be able to act on it should the borrower default. First order conditionFirst order conditionOne 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 death insuranceFirst death insuranceA joint-life insurance policy which pays money to a surviving partner on the first partner's death. First time buyerFirst time buyerA person who does not already own a property and is therefore not part of a chain. Further SuggestionsFirst Mortgagefirst mortgage First pass regression First mover advantage First In, First Out (FIFO) first closing date First degree homogeneous First theorem of welfare economics First mortgage First call date Right of first refusal First call First charge First preferred stock First best first notice day Last in, first out (LIFO) First mortgage First Refusal Right |
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