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  2. Fair market value: What it is, how it’s calculated - AOL

    www.aol.com/finance/fair-market-value-calculated...

    In real estate, a home’s fair market value is the price that a willing buyer would pay a willing seller for the home in an open market, without current supply and demand conditions being present ...

  3. House price index - Wikipedia

    en.wikipedia.org/wiki/House_price_index

    FNC Inc. publishes the Residential Price Index based on data collected from public records blended with real-time appraisals of property and neighborhood attributes. The RPI is the mortgage industry's first hedonic price index for residential properties.

  4. Floor area ratio - Wikipedia

    en.wikipedia.org/wiki/Floor_area_ratio

    Floor Area ratio is sometimes called floor space ratio (FSR), floor space index (FSI), site ratio or plot ratio.. The difference between FAR and FSI is that the first is a ratio, while the latter is an index.

  5. Copula (statistics) - Wikipedia

    en.wikipedia.org/wiki/Copula_(statistics)

    The formula was also adapted for financial markets and was used to estimate the probability distribution of losses on pools of loans or bonds. During a downside regime, a large number of investors who have held positions in riskier assets such as equities or real estate may seek refuge in 'safer' investments such as cash or bonds.

  6. Rule of 78s - Wikipedia

    en.wikipedia.org/wiki/Rule_of_78s

    Also known as the "Sum of the Digits" method, the Rule of 78s is a term used in lending that refers to a method of yearly interest calculation. The name comes from the total number of months' interest that is being calculated in a year (the first month is 1 month's interest, whereas the second month contains 2 months' interest, etc.).

  7. WAULT - Wikipedia

    en.wikipedia.org/wiki/WAULT

    WAULT, short for weighted average unexpired lease term, is a measurement used in commercial real estate to quickly judge the value of contracted rents in a property, or more commonly, a portfolio of properties.

  8. Mathematical finance - Wikipedia

    en.wikipedia.org/wiki/Mathematical_finance

    The fundamental theorem of arbitrage-free pricing is one of the key theorems in mathematical finance, while the Black–Scholes equation and formula are amongst the key results. [3] Today many universities offer degree and research programs in mathematical finance.

  9. Law of total probability - Wikipedia

    en.wikipedia.org/wiki/Law_of_total_probability

    In probability theory, the law (or formula) of total probability is a fundamental rule relating marginal probabilities to conditional probabilities. It expresses the total probability of an outcome which can be realized via several distinct events , hence the name.

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