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Property

Pre-stressed concrete

In the field of finance, we often come across the term "pre-stressed concrete". This type of reinforced concrete utilizes high-tensile steel bars or wires, which are either pre-tensioned or post-tensioned. By strategically positioning these wires or tendons, the concrete is able to eliminate tension, preventing cracks and making it both water-tight and gas-tight. This method also enhances the durability of the structure, allowing for greater spans and higher loading capacity. In simpler terms, pre-stressed concrete is a game-changer in the world of construction and engineering.

Patwari

A knowledgeable professor teaching finance related terms might explain that in the realm of land ownership, there is a designated individual who is responsible for managing ...

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HVAC

When discussing the infrastructure of a building, one term that often arises is HVAC, which stands for heating, ventilation, and air conditioning. This system is responsible...

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Open market value

In the realm of finance, we often come across the term 'best price'. This refers to the highest amount that can be obtained for a property when it is sold under fair and unb...

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Joint agent

In the world of finance, it is common for a principal to enlist the help of multiple agents to represent them. These agents work together to carry out tasks on behalf of the...

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