Real Estate Terms

Click on a link below for an alphabetized list of Real Estate and Mortgage Terms.

A | B | C | D | E | F | G | H | I | J | L | M | N | O | P | Q | R | S | T | U | V | W | Y | Z

Waiting period
The time between the initial filing of a registration statement and its effective date.

Weighted-average coupon
The weighted average of the gross interest rates of the mortgages underlying a pool as of the issue date, with the balance of each mortgage used as the weighting factor.

Weighted-average equity
The denominator of the fraction used to calculate investment-level income, appreciation and total returns on a quarterly basis, consisting of net assets at the beginning of the period adjusted for weighted contributions and distributions.

Weighted-average rental rates
The average proportion of unequal rental rates in two or more buildings within a market.

Working drawings
The set of plans for a building or project that comprise the contract documents that indicate the precise manner in which a project is to be built.

Workout
The process by which a borrower attempts to negotiate with a lender to restructure the borrower's debt rather than go through foreclosure proceedings.

Write-down
The accounting procedure used when the book value of an asset is adjusted downward to better reflect current market value.

Write-off
The accounting procedure used when an asset has been determined to be uncollectible and is therefore charged as a loss.