ADD-ON FACTOR
The total usable square feet divided by the total number of rentable square feet within a commercial real estate lease. If the two numbers are identical, it will result to 1 but usually it is slightly lower than 1 due to the reason that some square footage will be totally or partly non-usable. The non-usable square footage includes those spaces shared with other tenants ( such as restrooms, elevators, stairwells, lobbies, or hallways) or it is occupied by structural components ( such as interior walls and support poles). If the building is poorly designed, the usable area are significantly less than the rentable area.
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Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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