Buy/rent threshold
The point at which there is a recognizable shift of expenditure allocations away from owner occupied housing and to the rental housing market (or vice-versa) as a result of changing market conditions.
Business risk
The uncertainty associated with the possible profit outcomes of a business venture.
Breakpoint
The sales threshold over which percentage rent is due. It is calculated by dividing the annual base rent by the negotiated percentage applied to the tenant’s gross sales.
Break-even point
The stage at which an investment produces an income that is just sufficient to cover recurring expenditure. For an investment in real property, the point at which gross income is equal to normal operating expenses, including debt service (the...
Before-tax investment value
The sum of the present values of the mortgagor and mortgagee of property.
Basic employment
Employment that is considered to be export-oriented or export-driven, associated with activities that generate income from the sales of products and services in markets outside the local economy.