A boot indicates any item of footwear which is robust, durable, and also used to kick something hard. It also means starting up a computer or any gadget and the trunk of a car.
Boot means anything that helps the equalization of a trade, footwear, starting a computer or a gadget, and even something that is archaic/obsolete. It also means the trunk of a car or a kick using the foot.
In the real estate sector, boot indicates any specific property that is received as a part of an exchange. This is mostly through personal property, cash, or an installment note and debt relief. It is valued at what is considered as the fair market value for the non-like-kind property that is exchanged/garnered. It is often the cash amount or any other asset that is brought into the transaction for equalizing the transaction or the value of the items being exchanged. It is applicable to the mainstream real estate sector as well.
