- Principal
- The initial amount of money on which interest, returns, or tax liabilities are calculated.
- Interest rate
- The percentage charged or earned per period on the principal, expressed as an annual rate unless stated otherwise.
- Compounding
- The process by which interest is added to the principal so that subsequent interest is earned on the combined amount.
- Present value
- The current worth of a future sum, discounted at a given rate to account for the time value of money.
- CAM charges
- A key concept referenced by the Commercial Lease CAM: Calculate Common Area Maintenance (CAM) charges for commercial tenants. CAM = Base Year Operating Expenses × (Tenant's Pro Rata Share). Covers gross-up provisions, caps on increases, exclusions, and audit rights.
- Common area maintenance
- A key concept referenced by the Commercial Lease CAM: Calculate Common Area Maintenance (CAM) charges for commercial tenants. CAM = Base Year Operating Expenses × (Tenant's Pro Rata Share). Covers gross-up provisions, caps on increases, exclusions, and audit rights.
- Commercial lease CAM
- A key concept referenced by the Commercial Lease CAM: Calculate Common Area Maintenance (CAM) charges for commercial tenants. CAM = Base Year Operating Expenses × (Tenant's Pro Rata Share). Covers gross-up provisions, caps on increases, exclusions, and audit rights.
- Pro rata share
- A key concept referenced by the Commercial Lease CAM: Calculate Common Area Maintenance (CAM) charges for commercial tenants. CAM = Base Year Operating Expenses × (Tenant's Pro Rata Share). Covers gross-up provisions, caps on increases, exclusions, and audit rights.
- Operating expense pass-through
- A key concept referenced by the Commercial Lease CAM: Calculate Common Area Maintenance (CAM) charges for commercial tenants. CAM = Base Year Operating Expenses × (Tenant's Pro Rata Share). Covers gross-up provisions, caps on increases, exclusions, and audit rights.