downleg
(US, finance) A property that is being sold to initiate the 1031 exchange.
Definitions
(US, finance) A property that is being sold to initiate the 1031 exchange.
Comments
Have a better definition?
Add your own interpretation of "downleg".
🗺️About Regional & Other slang
Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
See all Regional & Other slang on Slangora.
Tags
Other words near "downleg" (D)
Browse all slang words starting with D.
Related terms
People also read
Semantically related
- selldown63%
(Australia, economics) The selling of sufficient shares to significantly reduce their price.
- downzone57%
(US, politics) To change an area or property to a less restrictive zoning.
- property57%
(British) Real estate; the business of selling houses.
- contra56%
(business) A deal to swap goods or services.
- set down55%
(transitive) To fix; to establish; to ordain.