Applied overhead refers to the indirect costs allocated to produced goods or services in a firm’s manufacturing process. These include costs such as utilities, rent, and salaries of the administrative staff.
Defensive securities are stocks and bonds that offer greater stability and relatively safe returns, especially during market downturns.
Industrial classification segments companies that engage in the production and distribution of goods and services, excluding utilities, transportation, and financial services.
A legal monopoly refers to the exclusive right granted to a company to offer a particular service or product within a specific territory. In exchange, the company agrees to have its policies and rates regulated.
A subdivision of plots designed for siting manufactured homes. Plots are generally leased to manufactured home owners and include utilities, parking space, and access to utility roads. Many parks include amenities like swimming pools and clubhouses.
A natural monopoly occurs in an industry where the most efficient producer is a single entity, typically due to high fixed costs and significant economies of scale. Most natural monopolies are utilities or similar entities.
Off Peak refers to periods of minimum usage, often utilized by service providers as a basis for offering reduced usage charges. This concept is commonly applied in industries such as telecommunications, utilities, and transportation.
Operating expenses refer to the amount paid to maintain a property or run a business, including costs such as property taxes, utilities, and hazard insurance. It excludes financing expenses, depreciation, and income taxes.
Property management involves the operation of real estate as a business, including activities such as rental, rent collection, maintenance, and numerous other tasks related to the ownership and oversight of properties.
Organizations such as utilities or cable television companies with exclusive public charters to operate within a given service area. Quasi-public corporations have essentially been granted by a governmental entity a monopoly to provide a service.
Revenue bonds are municipal bonds where the repayment of the principal and interest is secured by the revenue generated from the specific project they finance, such as toll bridges or utilities.
The Start Menu is a computer menu in Microsoft Windows that is called up by the Start button on the taskbar at the bottom of the screen. It provides access to Windows Help, several utilities, and all the applications installed on the computer.
The process of dividing a tract of land into smaller parcels to facilitate development, often accompanied by the installation of utilities and streets.
A utility easement is a legal agreement that allows utility companies to use a portion of a property for the purpose of laying and maintaining infrastructure such as gas, electric, water, and sewer lines.
