Area measurement (square measure) used primarily in the United States. One (1) acre is equal to 43,560 square feet, 4,046.86 square meters, or 0.4047 hectares.

The business of agricultural production, particularly that of food supply. This term applies generically to such various enterprises as farm equipment, machinery, and supplies; seed production; livestock and poultry operations; processing; and sales and distribution.

A unit of measurement for animals in any feeding operation. This measure expresses the size of the animal feeding operation (AFO). One beef cow is equal to 1 animal unit. Different types of animals or feeding operations use different multipliers and ratios.

1. Any transaction in which the two parties are unconnected and have no overt common interests. Such a transaction most often reflects the true or fair market value of a property. 2. Completion of a sales contract between a seller who is willing but not compelled to sell and a buyer who is willing but not compelled to buy, both parties being fully informed of all the purposes to which the property is best adapted and is capable of being used, under normal conditions on the open market.

1. Usefuleness or desirability as a business, commodity, or investment. 2. A quality or characteristic of an investment, property, goods, or services such that it can be sold or traded at a profit.

The highest monetary price a property would bring, if offered for sale in an arm's-length transaction for a reasonable period of time in a competitive market. Also known simply as market value.

The total income or revenue without deductions produced by an individual, corporation, etc. in return for labor, goods, or services rendered. Contrast with net income.

The revenue (monetary or non-monetary receipts) earned by a company, individual, corporation, etc. in return for labor, services, goods, investments, property, or operations.

A scale comparing relative values with each other or a predetermined reference.

1. The sum paid or accrued in return for the use of money; the rate of such payment or accrual expressed as a percentage of the total amount of the loan.
2. A right, share of, participation in, or claim to something.

Monetary or other payment received by a party as recompense or reparation for the taking of property under the powers of eminent domain or condemnation. From the takings clause of the Fifth Amendment to the United States Constitution, just compensation is often determined by the fair market value of a property. Other methods of determining fair compensation for property that has been taken through government proceedings include negotiation between the owner and the government or by court action.

The highest monetary price a property would bring, if offered for sale in an arm's-length transaction for a reasonable period of time in a competitive market. Also known as fair market value.

Of or having to do with money or currency; financial.

Coins or paper bills issued by a government to be used as a measure of value and a medium of exchange.

1. The income or revenue (monetary or non-monetary) earned by an individual or business after the deduction of expenses such as taxes, insurance, losses, etc. Contrast with gross income.
2. The revenue a business or property will earn in a given year's operation, according to the following simplified formula: Net income = Gross income - Expenses

Latin.
1. To divide or distribute proportionately according to ownership, time remaining on a contract, etc.
2. In proportion to: A prorated refund for a partially fulfilled contract is equal to the payment amount remaining for that portion of the contract which is unfulfilled. Also known as prorate.

1. To divide or distribute proportionately according to ownership, time remaining on a contract, etc.
2. In proportion to: A prorated refund for a partially fulfilled contract is equal to the payment amount remaining for that portion of the contract which is unfulfilled. Also known as pro rata.

The relationship (expressed as a percentage) between the annual net income generated by a business or investment and the invested capital, appraised value, or gross income of the business or investment.

1. Land, improvements upon the land (structures such as buildings, fences, sewers or septic tanks, etc.), and appurtenances that run with the land (such as streets, sidewalks, and easements).
2. Ownership of land, improvements, appurtenances, and natural resources of the land (such as minerals, oil, gas, water, etc.).

Technically, real property refers to the interests, benefits, and rights included in the ownership of real estate. In practical use, it is synonymous with real estate or realty. Ownership of real property includes the "bundle of rights".

Same as real estate:
1. Land, improvements upon the land (structures such as buildings, fences, sewers or septic tanks, etc.), and appurtenances that run with the land (such as streets, sidewalks, and easements).
2. Ownership of land, improvements, appurtenances, and natural resources of the land (such as minerals, oil, gas, water, etc.).

A relative lack or limited supply of a good or commodity. Scarcity is one of the economic properties of real estate that makes it valuable and desirable.

A group form of investment including partnerships, limited partnerships, corporations, limited liability companies (LLC), and trusts.

A group form of investment including partnerships, limited partnerships, corporations, limited liability companies (LLC), and trusts. Synonym of syndicate.

1. The power of a good or service to command other goods in exchange for the present worth of future rights to income or amenities. 2. The present worth to typical users and investors of future benefits arising out of ownership of a property.