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  2. Second mortgage - Wikipedia

    The implication of such environments is the increase in cost of purchasing a property in terms of down payments and monthly mortgage repayments. Whilst conventional primary mortgages permit home buyers to borrow up to 80 percent of the property's value, they are conditional on a 20 percent down payment.

  3. Value-added tax - Wikipedia

    Value-added tax (VAT) in Vietnam is a broadly based consumption tax assessed on the value added to goods and services arising through the process of production, circulation, and consumption. It is an indirect tax in Vietnam on domestic consumption applied nationwide rather than at different levels such as state, provincial or local taxes.

  4. Timeshare - Wikipedia

    History. The term "timeshare" was coined in the United Kingdom in the early 1960s, expanding on a vacation system that became popular after World War II. Vacation home sharing, also known as holiday home sharing, involved four European families that would purchase a vacation cottage jointly, each having exclusive use of the property for one of the four seasons.

  5. Analytic hierarchy process - Wikipedia

    Synthesize these judgments to yield a set of overall priorities for the hierarchy. This would combine the investors' judgments about location, price and timing for properties A, B, C, and D into overall priorities for each property. Check the consistency of the judgments. Come to a final decision based on the results of this process.

  6. Investment - Wikipedia

    Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort.

  7. Economic history of the Russian Federation - Wikipedia

    The former entailed implementing fiscal and monetary policies that promote economic growth in an environment of stable prices and exchange rates. The latter required establishing the commercial, and institutional entities — banks, private property, and commercial legal codes— that permit the economy to operate efficiently.