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Glossary of Terms

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Glossary of Terms (260)

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Resources/Glossary of Terms
Assessor's Parcel Number (APN) - A unique number assigned to a property upon its initial tax assessment. Outside of tax assessment, APNs can be useful in eliminating confusion about the identification of a subject property. For example, a mortgage...
Friday, 23 May 2008 | 187 hits | Print | PDF |  E-mail | Read more
Resources/Glossary of Terms
Association of State Floodplain Managers (ASFPM) - An organization of professionals involved in floodplain management, flood mitigation, the National Flood Insurance Program, and flood preparedness, warning and recovery. (Visit ASFPM website)
Friday, 23 May 2008 | 169 hits | Print | PDF |  E-mail | Read more
13. Atlas
Resources/Glossary of Terms
Atlas - Book of maps covering a defined geographical area.
Friday, 23 May 2008 | 171 hits | Print | PDF |  E-mail
Resources/Glossary of Terms
Automated Clearinghouse Payment (ACH) - Secure payment transfer system that connects all U.S. financial institutions. The ACH network acts as the central clearing facility for all Electronic Fund Transfer (EFT) transactions that occur nationwide,...
Friday, 23 May 2008 | 153 hits | Print | PDF |  E-mail | Read more
Resources/Glossary of Terms
Base Flood - A flood event that has a one percent chance of being equaled or exceeded in a specific location during any given year. Sometimes called the "1% annual chance flood" or "100-year flood", this hypothetical flood serves as the benchmark...
Friday, 23 May 2008 | 206 hits | Print | PDF |  E-mail | Read more
Resources/Glossary of Terms
Base Flood Depth (BFD) - Pertains to Zone AO only. The water level resulting from the Base Flood would be this far above the ground at any point within the zone, regardless of ground elevation. There is a one percent chance that flooding would reach...
Friday, 23 May 2008 | 214 hits | Print | PDF |  E-mail | Read more
Resources/Glossary of Terms
Base Flood Elevation (BFE) - Pertains to Zones AE, AH, A1-A30, AR, AR/A, AR/AE, AR/A1-A30, AR/AH, AR/AO, V1-V30, and VE only. The water level that would result from a Base Flood is usually expressed as a number of feet above sea level as established...
Friday, 23 May 2008 | 313 hits | Print | PDF |  E-mail | Read more
18. Basement
Resources/Glossary of Terms
Basement - Any area of the building, including any sunken room or sunken portion of a room, which has a floor that sits below ground level (subgrade) on all sides.
Friday, 23 May 2008 | 198 hits | Print | PDF |  E-mail | Read more
19. Binder
Resources/Glossary of Terms
Binder - A temporary agreement between company, producer, and insured that the policy is in effect. Binders are not permitted under the NFIP.
Friday, 23 May 2008 | 159 hits | Print | PDF |  E-mail | Read more
Resources/Glossary of Terms
Blanket Insurance - A single amount of insurance applying to more than one building and/or contents. Blanket insurance is not permitted under the NFIP.
Friday, 23 May 2008 | 163 hits | Print | PDF |  E-mail | Read more

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