Business Cycle
Regular pattern of expansion (recovery) and contraction (recession) in total economic activity surrounding a growth trend, including the impact of economic variables such as employment and inflation. At the peak of the cycle, economic activity is high compared to trend, but at the trough (valley) of the cycle, the low point in economic activity is reached. The business cycle influences corporate earnings, cash flow, and expansion.
Popular Real Estate Terms
Room in a home where the occupants spend their leisure time. ...
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Material installed at the roof's edge for support. ...
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Legal right or privilege, such as that arising from a contract, to use land owned by another person or business for a specific purpose. The use should be reasonable for the circumstances. ...
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Opinion of a judge having no direct legal or binding effect on the outcome of a pending judicial decision. An obiter dictum is considered to be an incidental judicial remark about some ...
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