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Real Estate Glossary of Terms

Business and Finance glossary of business terms and commonly used words.
Dictionary of words from business, investing, self help and politics.
Glossary of Real Estate Terms Glossary of Real Estate Terms

Real Estate Glossary : Includes all the terms and definitions from the real estate glossary on Woopidoo.com. All words and terms relating to real estate, property development, mortgages, rentals, and much more.
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All real estate terms are listed alphabetically.

  • Billionaire - Refers to an individual whose net wealth equals or exceeds one billion dollars or pounds. If the individual has wealth in a currency other than dollars or pounds, the value of wealth is assessed according to general exchange rates.
  • Deadline - A Deadline is a specific date or due date by a which time a project must be completed or debt paid. The term also refers to a time limit or specific length of time by the end of which the project or debt must be finished. Failure to meet a deadline usually results in negative consequences.
  • Deflation - Deflation is a negative inflation rate and refers to a decrease in the overall price or cost of goods and services. While inflation reduces the actual value of money, deflation increases the value of each unit of currency but is usually seen as a negative result of a poor economy where there has been a decrease in the money supply and less credit lending.
  • Depression - A depression is a long downturn of a country's economy, usually marked by a long economic recession, decline in economic growth, increase in job cuts, significant increases in unemployment, and a significant downturn in stock markets.
  • Entrepreneurship - Entrepreneurship refers to an individual or group of individuals who start a new business or organization or revitalize an existing business or organization. These include businesses or projects for profit as well as non-profit organizations.
  • Low Doc Loans - Are mortgages that require much less documentation or proof of income than a regular mortgage. Low doc loans in Australia are similar in nature to Subprime loans in the United States.
  • Millionaire - Is an individual whose net worth is equivalent to or greater than one million dollars or one million British pounds. Individuals who quantify their worth in other currencies qualify as millionaires based on the exchange rate and their estimated value in dollars or pounds.
  • Mortgage Loans - Is a loan used to purchase property, often referred to as a mortgage or a home loan.
  • Personal Finance - Personal Finance refers to financial planning relative to the individual. In general, the term relates to analyzing an individual's current financial status, budgeting, and planning for the future.
  • Philanthropy - Usually refers to the act of generosity associated with giving money, time, or effort to a charitable cause or institution under the intention of improving the well-being of humanity.
  • Recession - A recession refers to a period of economic decline in a country's Gross Domestic Product (GDP) for more than two consecutive quarters.
  • Social Responsibility - The Term Social Responsibility refers to the idea that companies and corporations should contribute wealth or resources solely dedicated to the improvement of society as a whole. The principal of social responsibility dictates that these entities should contribute at least a small amount of resources to the general well being of humanity.
  • Subprime Crisis - Is a 2007 financial crisis that started in the United States of America from the high number of defaulting borrowers with subprime mortgages.
  • Subprime Lending - Is a type of lending commonly used in the United States of America by borrowers that would not usually qualify for a regular loan.


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