Home » Dictionary » comp

comp

comp
 n.— «In the real-estate industry, they’re known as “comps,” which is short for comparables. If you’re thinking about selling your home or refinancing it, you find comparable homes in your neighborhood that recently sold. That gives you some sense of what your home is worth.» —“Wallace worth the going rate” by Rick Bonnell Charlotee Observer (North Carolina) Oct. 24, 2006. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Love Bites (episode #1569)

The word filibuster has a long and colorful history, going back to the days when pirates roamed the high seas. Today it refers to hijacking a piece of legislation. Plus, the language of yoga teachers: When doing a guided meditation, you may hear...

Ring-Tailed Tooter (episode #1563)

National Book Award winner Barry Lopez had wise advice for young writers. First, read widely and follow your curiosity. Second, travel or learn a foreign language. And third, find out what you truly believe, because if you’re not writing from...