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A definition of the term "wrap-up, or owner-controlled insurance program," which refers to the consolidation of insurance coverage for all contractors and subcontractors working on a construction project into one program managed and paid for by the owners, is presented.

A definition of the term "welcome book," which refers to a pamphlet given to tenants after signing a lease, is presented.

A definition of the term "volatile organic materials," which refers to organic chemicals which are airborne contaminants and can be found in carpets, cleaning supplies and building materials strictly regulated by state laws, is presented.

A definition of the term "traffic count," which refers to a research based on counting the number of shoppers in a given period and place, to estimate how much traffic is in a center on a daily, weekly or monthly basis, is presented.

A definition of the term "trade area," which refers to the geographic area from which a center draws its shoppers, is presented.

A definition of the term "time value of money," which refers to the concept underlying compound interest, wherein a dollar received today is worth more than a dollar in the future, due to opportunity cost, inflation, and certainty of payment, is presented.

A definition of the term "tenant trade name," which refers to the name under which a tenant is doing business, is presented.

A definition of the term "tenant bankruptcy," which refers to the filing of bankruptcy by a tenant under any chapter of the U.S. Bankruptcy Code, is presented.

A definition of the finance term "synthetic lease," which allows a company to get tax benefits associated with owning real estate while keeping debt associated with it off its balance sheets, is presented.

A definition of the term "subrogation," which refers to the right of an insurance company to recover its loss from the responsible party after paying the claim, is presented.

A definition of the term "strip center," which refers to a center consisting of an attached row of at least three retail stores, is presented.

A definition of the term "single net lease," which refers to a property lease in which the lessee agrees to pay rent plus its proportionate share of the property's real estate taxes, is presented.

A definition of the term "share-of-the-market analysis" is presented, which refers to an analytical research technique in which it is assumed that strong retail stores will obtain their representative share of the total market in a category.

A definition of the term "return on investment" is presented.

A definition of the research term "secondary zone" is presented.

A definition of the accounting and retail term "sales projection" is presented.

A definition of the legal term "riparian right" is presented.

A definition of the term "retail merchandising unit" is presented.

A definition of the term "replacement value" is presented.

A definition of the term "rent roll or rent schedule" is presented which refers to a summary schedule listing of all spaces in a shopping center either vacant or occupied.

A definition of the term "relative draw analysis" is presented which refers to a technique used to understand the demographic and geographic strengths and weaknesses in a center's draw.

A definition of the term "reciprocal easement agreement (REA)," which refers to an agreement between the owners of two or more parcels of property granting one another reciprocal rights to the use of their respective parcels, is presented.

A definition of the term "reach and frequency" in marketing context, which refers to the functions of the gross rating points of a schedule, is presented.

A definition of the term "rate of return on assets," which refers to the income generated by the investment compared to the cost of the investment stated as a percentage, is presented.

A definition of the term "publicity release," which refers to the information with news value distributed to the media for purposes of favorably influencing consumers, is presented.

A definition of the term "promotion fund contribution" is presented which refers to a tenant's contribution toward the marketing fund, often calculated using a sum of money multiplied by the number of square feet contained in a tenant's floor area.

A definition of the term "problems and opportunities" is presented which refers to a part of a SWOT analysis that is used in a framework to develop overall corporate marketing or product strategies.

A definition of the term "premises lease," which refers to a lease under which a tenant holds only a leasehold estate in a building or a portion of a building, is presented.

A definition of the term "overage rent" is presented which refers to an amount of percentage rent beyond the minimum rent that is derived as a percentage of the tenant's sales that exceed an agreed-upon breakpoint.

A definition of the term "opening contribution" is presented which refers to a tenant's one-time contribution to the marketing fund for a center's grand opening or grand reopening.

A definition of the term "negligent security training," which refers to the careless training or lack of training of an employee for security work, is presented.

A definition of the term "multiple percentage rate," which refers to a lease agreement in which the percentage rent rate changes at various increments of sales, is presented.

A definition of the term "modified accrual accounting system," which refers to a mixture of the cash and accrual basis accounting, is presented.

A definition of the term "mills," which refers to a shopping center that consists of a large variety of value-oriented retailers, is presented.

A definition of the term "market value" is presented which refers to the expected price if a reasonable time is permitted to find a purchaser and if both seller and prospective buyer are fully briefed.

A definition of the term "markup" is presented which refers to the distinction between the retail selling price of the merchandise and the cost of the merchandise to the retailer.

A definition of the term "market rent" is presented which refers to an amount based on sales potential of different kinds of retailers that as a whole can do the optimum business in a particular center if it were leased by merchandise categories, and as compared to the total occupancy cost each retailer is able to pay and still make a profit.

A definition of the term "management fee," which refers to the fee charged by the fee manager or the owner to cover rental collection, administration common area, maintenance, and tenant relations activities, is presented.

A definition of the term "major tenant," which refers to the store that generates the greatest amount of customer patronage to a shopping center, is presented.

A definition of the term "low-end merchandise," which refers to merchandise that has been sharply reduced from original prices, used for side- walk, moonlight, midnight, and similar limited-period sale events, is presented.

A definition of the term "license agreement," which refers to the short-term space rental conflict between the licensor and the licensee, is presented.

A definition of the term "leasehold value," which refers to the value of a tenant's interest in a lease, is presented.

A definition of the term "lease outline drawing," which refers to the material prepared for the tenant, showing the demised space and its relation to adjacent spaces and the center as a whole, is presented.

A definition of "interest rate" is presented.

A definition of "insurance expense" is presented.

A definition of the term "total personal income," which refers to money income plus noncash types of income, including food stamps and imputed income, is presented.

A definition of the term "HUT level," which refers to the percentage of Homes Using Television during a given time, is presented.

An encyclopedia entry for the term "historical sales performance (of tenants)" is presented.

An encyclopedia entry for the term "ground lease" is presented.

A definition of the term "grease reclamation," is presented which refers to capturing grease from food operations and recycling otherwise disposing of it to prevent entry into the sanitary or storm sewer system.