Examlex
Pension and mutual funds have a lower correlation between the maturities of their assets and liabilities than do commercial banks and thrifts.
Fixed-Term Tenancy
A type of tenancy under which property is leased for a specified period of time, such as a month, a year, or a period of years; also called a tenancy for years.
Sublet
Refers to the act of a tenant renting out a space they have leased to another party.
Community Property
A form of concurrent property ownership in which each spouse owns an undivided one-half interest in property acquired during the marriage.
Undivided Interest
A share in property ownership rights where each owner's portion is not physically divided from the others.
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