Glossary   

A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z

F
Fiduciary
A relationship that implies a position of trust or confidence wherein one party is usually entrusted to hold or manage property or money for another.

Floor Area Ratio
The ratio of a building’s floor area to its corresponding land area. Determined by dividing the total floor area of the building by the lot area, it is used in zoning ordinances as a formula to regulate building volume.

Floor Plate
The configuration of the building floor, typically shown on a diagram, to show structure and core configuration.

Foreclosure
A legal procedure whereby property used as security for a debt is sold to satisfy the debt in the event of default in payment of the mortgage note or default of other conditions in the mortgage document.

Future Value
The amount that a dollar figure set at one date will be worth at a future date.