beachfront property n.— «It is referred to as the last beachfront property in the wireless world—a prized swath of spectrum that is about to be sold at federal auction. And it has touched off an intense lobbying effort pitting cellular...
under water adj.— «Jarjura said he’s glad his staff has come up with a way to get beyond the problems of properties that are “under water,” in real estate parlance.» —“Delinquent Waterbury properties head for auction...