Examlex
One way to measure a country's labor endowment is to adjust its share of the world's population using wages as a measure for differences in labor productivity and then compare this adjusted share to the country's share of world GDP. Use the hypothetical data in the following table to compute a country's share of world GDP, its share of world population, and its share of "effective" labor, as measured by wages.
Restrictive Covenant
A clause in a contract that limits certain actions or uses of property to protect business interests or property value.
Residential Purposes
The use of property for dwelling or living areas for individuals or families, as opposed to commercial or industrial purposes.
Title Insurance
Insurance that protects real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances, or defects in the title to the property.
Title Search
A check of public records to confirm a property's legal ownership and identify any claims or liens against it.
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