Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,977,675 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

sweat equity

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Sweat equity
An increase in equity created by the labor of the owner.

Sweat Equity
The physical work that one puts into an asset, company, or venture that increases its value. For example, one may work constantly on one's writing business so as to increase the revenue one receives from various contracts. This, in turn, increases the value of the business when the writer decides to sell the contracts to someone else. Likewise, one may build a new front porch onto one's house to increase its resale value. In both cases, the physical work is called sweat equity.

sweat equity
An increase in the value of property due to the rehabilitation and renovation efforts of the owner,usually acting as his or her own general contractor,subcontractor,and laborer.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
So you can see, the money you save from putting in your own sweat equity is definitely worth it.
And, with the requirement to put in sweat equity, along with a fair price, this will not be a random building, but something the family can make into their home.
Studley donated sweat equity as well as $20,500 to the charity, $10,500 of which was raised by Studley executives who challenged Rob Link, executive vice president and branch manager of Studley's Denver office, to shave off his iconic salt and pepper mustache.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.