When an association forecloses on a property, lenders may be averse to making future loans on properties in the development, which can make finding new owners a challenge. Both non-payment of fees and unoccupied units can cause monthly dues to rise for all other unit owners. Condo Buying Guide: Finding Good Deals on Condos Dictionary:
Leachables are compounds that leach into the drug or. biological product from the container-closure system - such. as the elastomeric or plastic components, or coatings of the. container and closure system. Leaching is mainly as a result of direct contact with the. formulation under normal conditions of use.
DEFINITION of 'Accounts Payable-AP'. An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable entry is found on a balance sheet under the heading current liabilities. Accounts payable are often referred to as payables.