What does inside track mean?

Definitions for inside track
in·side track

This dictionary definitions page includes all the possible meanings, example usage and translations of the word inside track.

Princeton's WordNet

  1. inside tracknoun

    a favorable position in a competition

    "the boss's son had the inside track for that job"

  2. inside tracknoun

    the inner side of a curved racecourse

Wiktionary

  1. inside tracknoun

    The lane or track nearest to the interior.

  2. inside tracknoun

    Any advantage.

Wikipedia

  1. Inside Track

    Inside Track was an award winning British property investment information company that went into administration in April 2008 following a sharp downturn in the UK property market. Its sister company, Instant Access Properties, which sold properties to Inside Track clients, entered administration in September 2008, primarily as a result of the global economic crisis. The company advertised in newspapers, on radio and TV and through mailshots, inviting customers to attend a free property investment session. The company offered free seminars that claimed to give insights into property investment, with a view to getting attendees to a paid two-day course. Many potential customers did not have the time or skills to locate suitable properties, even after the training courses. To respond to client demand, Inside Track created 'Instant Access Properties', a sister company of Inside Track, designed to research and source "off market" opportunities for buy-to-let properties. These were typically off-plan properties, with the stated aim of achieving price appreciation before the property had been built, and with a view to holding the property on a medium or even long-term basis. Inside Track received a portion of the purchase price for this service, 3% if purchased through its sister company Inside Access Properties. Properties bought through the Instant Access company were sold at a nominal 15% discount (in order to access buy-to-let mortgages, which typically required a minimum 85% loan-to-value ratio). With house price growth mostly over 10% each year continuing until 2007, some of Inside Track's 25,000 customers did not make money as the company was over inflating valuations and most customers ended up losing money, many of the developments were not finished, it was rapidly found that the system used relied on a constantly rising market and very lax mortgage lending and the company went into administration in April 2008. Inside Track's methodology was based on gearing, with customers encouraged to borrow against properties in order to buy more, a methodology that broke down when the property market went into free fall in 2007/8.

ChatGPT

  1. inside track

    The term "inside track" usually refers to having a special or advantageous position or opportunity, often due to prior or exclusive knowledge or access to certain individuals or resources. It is often used in business or competitive scenarios. The phrase originally comes from horse racing, where the horse that is nearest to the inside of an oval track has the shortest distance to run.

Wikidata

  1. Inside Track

    Inside Track was a British property educational company that started in 2001 and operated in the UK, and Hong Kong until 2008. The company advertised in newspapers and through mailshots, inviting customers to attend a free property investment session. The purpose of the session was to sell a comprehensive full two-day investment course, priced at £2,500 for two people. As the customers proceeded beyond this stage, they had the option of putting their education to work and investing in property by themselves or also joining 'Instant Access Properties', a 'property crowdsharing business' in order to accelerate their investment progress. Instant Access was a sister company of Inside Track. Instant Access used its bulk negotiating power to assist its members in buying from developers at discounts that they would be unlikely to achieve on an individual basis. These were typically off-plan properties, with the stated aim of achieving price appreciation before the property had been built, and with a view to holding the property on a medium or even long-term basis. Like 'Groupon', Instant Access charged a fee for this service. Properties bought through the Instant Access company were sold at a nominal 15% discount.

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Numerology

  1. Chaldean Numerology

    The numerical value of inside track in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of inside track in Pythagorean Numerology is: 5

Examples of inside track in a Sentence

  1. David Gibson:

    The anger directed at Pope Francis by many conservatives is often cloaked in concerns over doctrine and orthodoxy, but much of it is a simple and understandable frustration over not having the inside track any more as they did in the previous two papacies.

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"inside track." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/inside+track>.

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