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Search Results for:

Expense Ratio

Definitions

The ratio of expenses to gross income; a typical expense ratio is the relationship of normal expenses to effective gross income.

Expense Reimbursements

Definitions

Costs which are paid back to a landlord by a tenant; generally includes property taxes, property insurance, maintenance and repair costs, and other operational expenses; at the end ...

Expense Stop

Definitions

The level (or maximum amount) up to which the landlord will pay certain operating expenses; amounts above the stop are the responsibility of the tenant.

Externality

Definitions

An economic term that describes a third-party factor that has a positive or negative impact on an individual or firm where the third party factor has no direct control over the cre ...

Facade

Definitions

The main exterior face of an improvement.

Face Rent

Definitions

The rental obligation, expressed in dollars, as specified in a lease; also known as “contract rent” or “stated rent”.

Fee Drag

Definitions

The negative impact of fees on investment returns.

Fee Leakage

Definitions

The positive impact on fees on investment returns from the under reporting, or non-capture, of all expenses.

Fee Loss (in Dollars)

Definitions

The amount of investor profit forfeited because of fees earned by the investment manager.

Fee Loss (in Percent)

Definitions

The percentage difference between the before fee internal rate of return generated by the investment and the after fee internal rate of return realized by the investor.

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