A gift of equity is the sale of a residence to a family member or simply a close person for a price below the current market value.
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‘Give up’ is a procedure in trading where an executing broker put down a trade on behalf of another broker. It is regularly executed because a broker cannot place a trade for a client because of other obligations.
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A steady-state economy is an economy structured to balance growth with environmental integrity. It seeks to find balance between production and population growth.
Statutory voting is a corporate voting procedure where each shareholder is entitled to one per-share vote. Votes must be divided evenly among the candidates or issues being voted on.
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