The physical or economic concept pertaining to the time and distance between a land use and support facilities, or between people and their activities.

The ease with which assets can be bought or sold without affecting the price.

The risk that an investment cannot be bought or sold quickly enough to prevent or minimize a loss due to a lack of marketability.

The reduction in a property’s value due to external circumstances (outside of the property’s boundaries), which may be caused by economic or locational factors; general ...

With respect to debt:  the period during which a loan may not be prepaid; With respect to a fund:  the period of time during which an investor in an open-end fund is not ...

The period of time during which an investor in an open-end fund is not permitted to redeem or sell its equity interest; also known as “lock-out period”.

See Asset Management Fee.  

The risk associated with decisions made by a company’s managers in relation to the overall interest of shareholders and the company at large.

A mandate is an authorization or directive to carry out a policy or course of action; for example, an investment manager could receive a mandate from an investor to use an allocati ...

A study of the demand for and supply of a property type and the specific market area for that property type.