Base Rent

Base Rent
Base rent refers to the minimum rent due under a lease that may also include a percentage or participation requirement based on sales revenue or other criteria.
Overage
Understanding the concept of overage in both general terms and within the context of retail leases is essential for businesses and investors.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.