EPC stands for ‘Engineering, Procurement and Construction’. EPC contract is a type of construction contract between parties where the contractor is responsible for all the engineering, procurement, and construction activities to deliver the completed projectRead More
Spot zoning is one kind of zoning variance. It is the process of singling out a plot of land or building within a larger zoned area for different type of use. For example, a commercialRead More
Turnkey contract is typically a construction contract under which a contractor is employed to plan, design and build a project or an infrastructure and do any other necessary development to make it functional or ‘readyRead More
Refi bubble is referred to such a period when a significant number of existing mortgages are refinanced to take advantage of the drop in interest rates. A typical refi bubble is seen in the RealRead More
Financial leverage is the degree to which an entity uses interest-bearing debt to finance its assets. The higher the share of debt financing in the capital structure of the company, the higher the financial leverageRead More
Online Business Dictionary & More
An online business dictionary, glossary, terms archive written in easy to understand approach which helps business novice to professional.
