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Finance and Investment Abbreviations and Acronyms (Subscribe) Abbreviations and acronyms commonly used in finance and investment.
Land Terms
acct (Acct, acct.)
A common abbreviation used in classified advertising.
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bal (Bal.)
A common abbreviation used in finance and investment, real estate listings, and classified advertisements.
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DBA (dba, Dba, D.B.A.)
A common abbreviation used in real estate listings and classified advertisements.
Doing business as (DBA) refers to a "fictitious name" or business entity name that does not carry the name of the principal. Example: Your name is Smith, but you choose to call your business "Speedy House Painting" and not "Smith House Painting".
In the United States, fictitious names must usually be registered at the state level, with the Secretary of State or some other such office. The term "fictitious" is used in a legal sense and does not imply that the business is dishonest or disreputable.
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FF&E (FFE)
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FTC (F.T.C.)
An agency of the United States government, the FTC was created to investigate and eliminate unfair and deceptive trade practices in business.
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LTV (L.T.V.)
A common real estate and finance abbreviation referring to the ratio of the loan amount to the appraised value of the property or the sales price, whichever is lower. This term is also commonly used in real estate listings and classified advertisements.
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N lease
A common abbreviation used in finance, investment, classified advertising, and real estate.
A net lease is a lease agreement, usually long-term commercial or industrial, in which the tenant (lessee) agrees to pay all or a portion of the property expenses in addition to periodic rent. It is called a net lease because the rent paid is "net" to the lessor.
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NN (NN lease)
A common abbreviation used in finance, investment, classified advertising, and real estate.
A double net lease is a lease agreement, usually long-term commercial or industrial, in which the tenant (lessee) agrees to pay property taxes and insurance in addition to periodic rent, and the landlord (lessor) agrees to pay for property maintenance.
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NNN (NNN lease)
A common abbreviation used in finance, investment, classified advertising, and real estate.
A triple net lease is a lease agreement, usually long-term commercial or industrial, in which the tenant (lessee) agrees to pay all operating and property expenses in addition to periodic rent, including taxes, insurance, maintenance, utilities, and assessments.
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NOI (N.O.I.)
A common abbreviation used in finance, investment, and real estate. Net operating income is the amount remaining after deducting operating expenses from gross income.
It is used to calculate the cap rate of an income property.
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NP (N.P.)
A common abbreviation used in real estate listings.
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O/P (o/p, OP)
A common abbreviation used in real estate listings and classified advertisements.
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OWC (O.W.C.)
A common real estate and finance abbreviation referring to the availability of owner or seller financing. This term is also common in real estate listings and classified advertisements.
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P&S (P and S)
The contract between a buyer (vendee) and a seller (vendor) of real estate in which the buyer agrees to purchase the property according to the terms, conditions, and covenants contained therein.
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TI (T.I., TI's, TIS)
A common abbreviation used in real estate listings and advertising.
Tenant improvements (TI's) are interior structural changes made to a commercial or residential building prior to tenant occupancy. The nature and extent of such changes are varied and depend on the needs and desires of the future tenant. The tenant may take possession of a grey shell, vanilla shell, or completely improved interior space depending on these needs and desires. Responsibility for design of, installation of, and payment for tenant improvements is negotiated at the time of the lease agreement.
The landlord may furnish all or part of the tenant improvements, or may offer a financial incentive in the form of a tenant improvement allowance (TIA), usually on a per square foot basis. Landlord-provided tenant improvements can be either "under-ceiling" or "slab-to-slab".
Examples of tenant improvements may include HVAC systems, plumbing and wiring, partitions and interior walls, flooring, ceiling tiles, lighting, signs, shelves, restroom fixtures, fire protection, and security systems.
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VSI (V.S.I., VSI's)
A common abbreviation used in real estate listings and advertisements.
Vanilla shell improvements are improvements made to a commercial or residential building resulting in a a minimally finished interior. VSI's usually include ceilings, lighting, plumbing, heating and cooling (HVAC), interior walls (painted or unpainted), electrical outlets, rest rooms, and a concrete floor. A vanilla shell is considered ready to lease and ready for tenant improvements. Usually, vanilla shell improvements are not completed until the lease agreement between the tenant and landlord has been negotiated and executed.
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