Arrangement whereby a party providing financing gets a portion of the ownership.
Equity trust
Also called Equity Reit, this investment money from this type of real estate investment trust is used for the purchase of a portfolio of specific properties to be managed in order to generate investment return through current income and capital gain.
Equity yield rate
The rate of return on the equity portion of an investment, taking into account periodic cash flow and the proceeds from resale. Considers the timing and amounts of cash flow after annual debt service, but not income taxes.
Equity-to-value ratio
Percent of the purchase price of property to its total appraised value. If property is appraised at $500,000 and the price paid is $400,000, the ratio is 80%.
Equivalent
Equal in value, quantity, force, etc. Having the same properties as another.
Equivalent thickness
Actual thickness, in a hollow concrete block, of the solid material.
Erasing shield
Thin metal plate used to erase precise sections of a drawing by working through cutouts.
Erect
Not bending or leaning. To raise or construct.
Erection
Process of building a structure.
Erection drawings
Detailed structural drawing of how to construct or install parts of a structure.
