What Is a Commercial Property Floater? A commercial property floater is a rider that is attached to a commercial insurance policy to protect property that a company doesn’t store at a fixed location. For example, a construction company may want to guard equipment it owns that it uses at various sites. Companies may pay an additional premium to
What Is Commercial Real Estate (CRE)? Commercial real estate (CRE) is property used exclusively for business-related purposes or to provide a work space rather than a living space, which would instead constitute residential real estate. Most often, commercial real estate is leased to tenants to conduct income-generating activities. This broad category of real estate can include
What Is a Commercial Real Estate (CRE) Loan? A commercial real estate loan is a mortgage secured by a lien on commercial property as opposed to residential property. Commercial real estate (CRE) refers to any income-producing real estate that is used for business purposes; for example, offices, retail, hotels, and apartments. Key Takeaways A CRE
What is Commercial Well A commercial well is any oil or gas drilling site that produces enough oil or gas to be commercially viable. All wells that investors are willing to put money into are considered to be commercial wells. Sites with non-producing wells fall outside this category, as do sites with only one or
What Is a Commercial Year? A commercial year is a 360-day period composed of 12 months of 30 days that is used by some businesses and non-profit organizations to internally track changes in accounts. Differences in the number of days in each calendar month are adjusted so that comparisons for sales, expenses, etc. are easier
What Is a Commingled Trust Fund? A commingled trust fund combines assets under a joint investment management strategy. Commingled trust funds represent a pool of assets that are jointly-managed by the same entity. These funds can be from several sources, such as trusts and retirement plans. Understanding a Commingled Trust Fund Commingled trust funds, regulated
What Is Commingling (Commingled) In securities investing, commingling (commingled) is when money from different investors is pooled into one fund. There are many benefits to commingling, including lower fees and access to investments with large buy-ins. The term can also refer to the illegal act of using client money for purposes that they did not
What Is the Commissioners Standard Ordinary Mortality Table? The commissioners standard ordinary mortality table is an actuarial table used to compute the minimum nonforfeiture values of ordinary life insurance policies. The commissioners standard ordinary (CSO) mortality table reflects the probability that people in various age groups will die in a given year. Key Takeaways The
What Is a Brokerage Commission House? A brokerage commission house is a company that buys and sells various financial assets like stocks, bonds, and mutual funds, in return for fees. The fee paid by clients of a brokerage commission house averages 1% to 2% of the amount being traded. The brokerage house may also receive
What Is a Commitment Fee? A commitment fee is a banking term used to describe a fee charged by a lender to a borrower to compensate the lender for its commitment to lend. Commitment fees typically are associated with unused credit lines or undisbursed loans. The lender is compensated for providing access to a potential loan
