Examlex
A planned unit development (PUD) is a residential development that differs from traditional residential subdivisions in all of the following ways EXCEPT:
Capital Gains
The profit from the sale of an asset or investment, where the sale price exceeds the purchase price.
Price Appreciation
An increase in the market value of an asset over time, often influenced by factors such as demand, inflation, and market conditions.
Risky Securities
Financial instruments that carry a high degree of investment risk due to the potential for significant fluctuations in value.
Riskless Securities
Financial instruments that are considered to have minimal risk of loss, typically issued by governments.
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