Examlex
Compare intergenerational mobility and intragenerational mobility.
Short Sale
The sale of a security that the seller does not own at the time of sale, typically executed in the anticipation of a decline in the security's price.
Mortgage Loan
A loan secured by the collateral of specified real estate property that the borrower is obliged to pay back with a predetermined set of payments.
Property
Legal rights over resources such as land, objects, intellectual creations, and more, recognized by law.
Personal Property
Assets or belongings that are movable and not attached to or associated with the land, as opposed to real property like land or buildings.
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