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Discounted Payoff (DPO) Definition
A discounted payoff (DPO) is the repayment of an obligation for less than the principal balance outstanding.
Best Reverse Mortgage Companies of 2023
Tap into your home equity to fund your retirement. We researched and reviewed the best reverse mortgages based on costs, loan terms, ease of procurement, and more.
How to Get Help From the Mortgage Relief Program
If your income has been affected by COVID-19, your mortgage payments can be suspended for up to 360 days. Here’s how to qualify.
Comps: Definition, How They're Used in Analysis, and Example
"Comps" refers to the comparison of similar businesses, sales figures, or properties to quantify performance or value.
Free Enterprise: Definition, How It Works, Origins, and Example
Free enterprise is an economic system where few restrictions are placed on business activities and ownership in terms of trade and government intervention.
Loss Ratio: What It Is, How It's Calculated, Types
A loss ratio is used in the insurance industry to represent claims versus premiums earned.
Quality Opportunity Fund: What It Is, How It Works
Qualified opportunity funds take advantage of the preferential tax treatment of investing in opportunity zones.
Adjusted Book Value Definition
The adjusted book value is a measure of a company's valuation after liabilities and assets are adjusted to reflect true fair market value.
Who Is Wilbur Ross? How Did He Assist President Trump?
Wilbur Ross is known as a bankruptcy specialist and served as the Secretary of Commerce during the Trump Administration.
A hard-to-sell asset is an asset that is difficult for a company to dispose of.