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GLOSSARY OF BUSINESS AND FINANCIAL TERMS

H

HARD COSTS - Cost involving land development or building construction usually the cost of tangible items.

HEIGHT RESTRICTION - Maximum permitted height of a structure usually with direct impact on leasable area in an commercial building.

HIDDEN DEFECT - Physical deficiency not readily ascertained from a reasonable inspection.

HOLDING COMPANY - A corporation that owns or directly controls other corporations (businesses) and thereby directs their activities through controlling interests.

HOLDING PERIOD - The lenght of time that a business is held before disposition.

HUMAN RESOURCES - People what we needed to begin any business.

HUMAN RIGHTS CODE - A set of standards based on the principle that all individuals have equal opportunity to pursue their needs without being hindered by discriminatory practices.
 


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