FEE SIMPLE Definition

Bookmark and Share

FEE SIMPLE is absolute ownership of real property; owner is entitled to the entire property. This includes unencumbered right of disposition during his/her life and upon death the real property passes to his/her heirs. Also known as FEE SIMPLE ABSOLUTE and FEE ABSOLUTE.

Learn new Accounting Terms

STRONG, from a corporate perspective, usually means having or wielding force or authority within that entitys market segment or niche.

CURRENCY DENOMINATION see DENOMINATION.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.