MLchartDataset catalogue

Flipping

Term · Law · MLC-T-LAW-002153

The practice of purchasing an asset, such as real estate or a business, and quickly reselling it for a profit. In real estate, this often involves buying a property, making minor improvements, and then selling it within a short period. This strategy carries risks due to market fluctuations and transaction costs.

Table 1. Record
IdentifierMLC-T-LAW-002153
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002153",
  "term": "Flipping",
  "field": "Law",
  "definition": "The practice of purchasing an asset, such as real estate or a business, and quickly reselling it for a profit. In real estate, this often involves buying a property, making minor improvements, and then selling it within a short period. This strategy carries risks due to market fluctuations and transaction costs.",
  "url": "https://mlchart.com/terminology/law/flipping/"
}

Record 2,061 of 5,441 in Law terminology (MLC-0107). Request the full dataset.