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Term of the Day
under contract
under construction
backup offer
Definition
The
period
of time during which a
buyer's
offer
to
purchase
a
property
has been accepted, and the
buyer
is able to finalize
financing
arrangements
without the concern of the
seller
making a
deal
with another buyer.
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Nearby Terms
uncrossed cheque
UNCTAD
undated
under
under constructi...
under contract
underage
underbanked
underbidder
underbooked
undercapitalised
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backup offer
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