comparative market analysis
Similar to an appraisal, this comparative analysis is conducted by a real estate agent or broker for an informal estimate of the market value of a property, based on the recent sales of comparable properties.
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The following dictionary definition list is provided for clarification only. Note that many definitions are not directly applicable to mortgages, loans or other financial terminology in this glossary. Used with permission: WordNet 2.1 Copyright 2005 by Princeton University. All rights reserved.
comparative
Noun: comparative (the comparative form of an adjective) "`better' is the comparative of `good'"
Adjective: comparative (relating to or based on or involving comparison) "comparative linguistics"
Adjective: comparative (having significance only in relation to something else) "a comparative newcomer"
market
Noun: market, marketplace (the world of commercial activity where goods and services are bought and sold) "without competition there would be no market"; "they were driven from the marketplace"
Noun: market, securities industry (the securities markets in the aggregate) "the market always frustrates the small investor"
Noun: market (the customers for a particular product or service) "before they publish any book they try to determine the size of the market for it"
Noun: grocery store, grocery, food market, market (a marketplace where groceries are sold) "the grocery store included a meat market"
Verb: market (engage in the commercial promotion, sale, or distribution of) "The company is marketing its new line of beauty products"
Verb: market (buy household supplies) "We go marketing every Saturday"
Verb: market (deal in a market)
Verb: commercialize, commercialise, market (make commercial) "Some Amish people have commercialized their way of life"
analysis
Noun: analysis (an investigation of the component parts of a whole and their relations in making up the whole)
Noun: analysis, analytic thinking (the abstract separation of a whole into its constituent parts in order to study the parts and their relations)
Noun: analysis (a form of literary criticism in which the structure of a piece of writing is analyzed)
Noun: analysis (the use of closed-class words instead of inflections: e.g., `the father of the bride' instead of `the bride's father')
Noun: analysis (a branch of mathematics involving calculus and the theory of limits; sequences and series and integration and differentiation)
Noun: psychoanalysis, analysis, depth psychology (a set of techniques for exploring underlying motives and a method of treating various mental disorders; based on the theories of Sigmund Freud) "his physician recommended psychoanalysis"
- comparative market analysis -
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