A Tenant Finish-Out Allowance refers to the monetary compensation provided to retail or office tenants to accommodate their unique requirements for setting up their leased space, including modifications such as walls, partitions, and lighting installations. This allowance is typically provided by the landlord and is expressed in dollars per square foot.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.