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Glossary of terms used on this site

Term Definition
RATING

Evaluation, carried out by companies specialised in such analysis, of the "financial health" of firms, States, and public institutions, issuing obligations. In particular, their judgement is based on the capacity, by the issuers, to reimburse the capital on the expiry date, and to pay regularly the interest coupons owed to the investors.

SALE & LEASE BACK

Agreement, by which an industrial or commercial firm sells a capital asset, to a financial company. The latter, at the same time, leases back the same asset to the original owner, which will pay a rental fee over the duration of the agreement, period and, in the end, will be able to reacquire the good, by paying its redemption price.

TAX ON PROPERTY TRANSFER

Tax on the transfer of ownership of property, which is generally charged to the purchaser.

VALUE

Expression of an estimate, representing the likeliest price at which an asset, under ordinary conditions, will be exchanged.

WEIGHTED SURFACE

Sum of the surface of rooms having the main functions, and the accessory surface of appurtenances, the latter weighted by means of adequate coefficients to render it compatible.

ZONES CLASSIFICATION

Classification of the territory, aimed at identiying homogeneous zones, for the purpose of managing and planning the territory itself.