confessions

Karen C.

Software Engineer

  1. Definitions 46
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Conspicuous

(Conspicuousness) One factor in determining property value. It is of great importance in a business dependent on advertising.
Needs to be improved.

Compound interest

Compound interest is the interest paid on the original principal as well as on the already accrued interest on the loan.


Compound Interest Formula:
Total Amount = Principal x (1 + interest rate / 12)12 x number of years


For example, if an amount of $5,000 is deposited into an account with compound interest at an annual interest rate of 5%, compounded monthly, the value of the investment after 10 years can be calculated as follows:


Total Amount = 5000 x (1 + 0.05 / 12) 12 x 10 = 8235.05

No-go zone

A "no-go zone" (or "no-go area") is an area that has notoriety for violence and crime which can be dangerous for people to go there, barricaded off to civil (such as police) or military authorities usually by a paramilitary organization.

Joint

A point at which parts of two bones or elements of a skeleton join.
Joint

Yelp

In slang, "yelp" is a verb that stands for writing a review at yelp.com, based on individual experiences about restaurants, nightlife, local businesses, etc.
Oh, my God! It was the best waffle I have ever had, I am gonna yelp this.


"Yelp" can also mean complaining or whimpering about something.
Are you going to keep yelping about how everyone is selfish?
Democrats keep yelping about it to cover for using the government for their own political gain. --The Daily Caller

Yelped

Yelped is the simple past and also the past participle of the verb "to yelp".
The dog yelped like someone stepped on its tail. (simple past)
The dog has yelped in pain. (past participle)


Injunction

An injunction is a court order requiring a person to do or refrain from doing something.


There are three types of injunctions:


1. Temporary Restraining Orders
2. Preliminary Injunctions
3. Permanent Injunctions


A temporary injunction prohibits an action by a party to a lawsuit until there has been a trial or other court action.


Temporary Restraining Orders and Preliminary Injunctions can be issued by the judge early in a lawsuit to stop the defendant from continuing his or her allegedly harmful actions.


Permanent injunctions are issued as a final judgment in a case, where monetary damages will not suffice. Failure to comply with an injunction may result in being held in contempt of court, which in turn may result in either criminal or civil liability.


Goodwill

In business, "goodwill" refers to the reputation of a business. In selling a business, it represents non-physical assets such as brand recognition, customer loyalty, patents, copyrights, and trademarks.


Goodwill is considered an intangible asset in an acquisition because it is not a physical asset like shares, property, or equipment.
Improved by Simon Mueller

Eminent domain

A legal term referring to the power of the government to take, through condemnation, private property for a public use upon the payment of fair compensation.


The property owner does not have the right of objection about condemnation, but they can challenge whether it's fair market value.

Condemnation

The taking of private property for public use once payment of a fair compensation to the owner has been made. The property is taken under the power of eminent domain by the federal or local government.

execute

To run an application (program) in computers. The file extension ".exe" in Windows comes from the term "executable".

Estate

All the money and property that is left behind at death.
In her will, she left her estate to her two grandsons.

Equity

The market value of a real estate property after the amount of existing liens have been subtracted. Thus, a home valued at $100,000 with $30,000 in mortgage liens has a net equity of $70,000 ($100,000 - $30,000).

endorse

Sign on the back of a promissory note or check for the purpose of transferring ownership of the note or check to make it payable to someone other than the stated payee or to accept responsibility for paying it.


"In blank" means payment is guaranteed to subsequent holders.
"Without recourse" means payment to subsequent holders is not guaranteed.
endorse

Principle of substitution

In appraising, it is a principle which contends that the higher limit of the value of a property is defined by the cost of acquiring an equally desirable substitute property. This principle is the basis for the market comparison or market data approach.

principal

A principal is any person involved in a contract, such as a seller, buyer, principal broker, or an owner who has hired an agent as a property manager.

Brand loyalty

Brand loyalty is the tendency of some customers to keep buying the same brand of goods rather than to try other brands.


Loyal consumers consistently purchase products or services from their preferred brands, regardless of changes with competitors pricing.


Brand loyalty plays a vital role in word of mouth marketing.

Classical music

The music that is developed from a European tradition mainly in the 18th and 19th centuries.


The key characteristic of European classical music that distinguishes it from popular music and folk music is that the repertoire tends to be written down in musical notation, creating a musical part or score. This score typically determines details of rhythm, pitch, and, where two or more musicians (whether singers or instrumentalists) are involved, how the various parts are coordinated. --Wikipedia
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