What is Accretion Real Estate?

In real estate law , accretion refers to an increase in land area caused by the accumulation of soil along the shorelin…

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What Is an Aggregate Limit?

An insurer will only pay out an aggregate limit up to a certain maximum amount to a policyholder for all losses that ar…

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What Is an Asset Class?

Asset Class Definition A grouping of investments that share similar characteristics and are subject to the same laws …

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What is an Auction?

An auction is a sales event in which prospective purchasers submit competitive bids for assets or services in either a…

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What is Arrears and Types of Arrears

Financially and legally, arrears refers to the status of payments relative to their due dates. Commonly used to describ…

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