A name for the goods which float upon the sea when cast overboard for the safety of the ship, or when a ship is sunk. Distinguished from "jetsam" and "ligan." Bract, lib. 2, c. 5; 5 Coke, 106; 1 Bl. Comm. 292. … [Read more...] about FLOTSAM, FLOTSAN
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FLIM FLAM
Fraud, a confidence game that involves two or more actors who convince another of a scheme to get rich and will then disappear with the money. … [Read more...] about FLIM FLAM
FLIPPING
A real estate term used for quickly buying and then immediately selling real property at a profit, usually in very active and hot real estate markets. … [Read more...] about FLIPPING
FLIPPING REAL ESTATE
When a real estate investor buys a property to hold for the short term with the intention of reselling it for profit and not for use. … [Read more...] about FLIPPING REAL ESTATE
FLOAT
(A) The time it takes from when a check is deposited until it clears and is deducted from the drafter's account. See check kiting. (B) In American land law, especially In the m western states. A certificate authorizing the entry, by the holder, of a certain quantity of land not yet specifically selected or located. … [Read more...] about FLOAT
