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The basic definition is also known as WAULT to expiry to make the distinction clear. Depending on the market conditions, one might desire a high or low WAULT. For instance, if the rental market is strong and rents are rising, a low WAULT is desirable as that indicates that the current leases are going to expire or renegotiate in the short term ...
In the United States, a bank's reserves consist of U.S. currency held by the bank (also known as "vault cash" [36]) plus the bank's balances in Federal Reserve accounts. [ 37 ] [ 38 ] For this purpose, cash on hand and balances in Federal Reserve ("Fed") accounts are interchangeable (both are obligations of the Fed).
Bank reserves are a commercial bank's cash holdings physically held by the bank, [1] and deposits held in the bank's account with the central bank.Under the fractional-reserve banking system used in most countries, central banks may set minimum reserve requirements that mandate commercial banks under their purview to hold cash or deposits at the central bank equivalent to at least a prescribed ...
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
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Real accounts: Debit whatever ... the bank's vault cash (asset) increases, which is a debit; the increase in the customer's account balance (liability from the bank's ...
A bank vault is a secure room used by banks to store and protect valuables, cash, and important documents. Modern bank vaults are typically made of reinforced concrete and steel, with complex locking mechanisms and security systems.
Effective gross income is the relationship or ratio between the sale price of the value of a property [clarification needed] and its effective gross rental income.. The anticipated income from all operations of the real property after an allowance is made for a vacancy and collection losses.