Implied Authority

Business / Real Estate / Implied Authority: The authority of an agent to perform acts which are reasonably necessary to accomplish the purpose of the agency.

Other Words for Authority

Authority Noun Synonyms: power, jurisdiction, dominion, right, control, prerogative, authorization, hegemony
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Implied Easement

Business / Real Estate / Implied Easement: When the owner of two or more adjacent properties sells a part thereof, he or she grants by implication all those apparent and visible easements which are necessary for the reasonable use of the prope MORE

Implied Call

Business / Finance / Implied Call: Result of a borrower's reduced credit rating. MORE

Implied Authority

Business / Real Estate / Implied Authority: The authority of an agent to perform acts which are reasonably necessary to accomplish the purpose of the agency. MORE

Implied Repo Rate

Business / Finance / Implied Repo Rate: The right of the homeowner to prepay, or call, a mortgage at any time. MORE

Implied Volatility

Business / Finance / Implied Volatility: The rate that a seller of a futures contract can earn by buying an issue and then delivering it at the settlement date. Related: Cheapest to deliver issue. MORE

Public Housing Authority Bond

Business / Finance / Public Housing Authority Bond: Bonds of local public housing agencies that are secured by the federal government and whose proceeds are used to provide low-rent housing. MORE

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