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Old 08-05-2011, 09:48 PM   #7
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land economy (QO)<br />The study of property valuation and the economic factors determining the capital costs of land and buildings within an ECONOMY. This study comprehends the examination of the development of bare land to meet the market demands of the economy for accommodation, supply and property investments, ranging from those of agricultural land through to the optimal development of urban properties, e.g. offices and retail developments. Land economy matches demand for accommodation with the needs of the property investor and the restrictions of planners.

cottage industry (LO)<br />An industry whose production takes place in workers' homes. Handloom weaving before the INDUSTRIAL REVOLUTION was organized in this way; now, NETWORKING and TELECOMMUTING are home based.<br /><em>See also:</em> domestic system; home production; homework ; networking economy; proto-industrialization

<strong>BRLA</strong> – Borrower requested loan amount.

<strong>National credit bureau</strong> – A credit reporting agency with a service area encompassing more than a single region of the country. Examples of national credit bureaus include TransUnion and Equifax.
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