ADMINISTRATIVE/ADMINISTRATION COST Definition

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ADMINISTRATIVE/ADMINISTRATION COST see INDIRECT COST.

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FFO - FUNDS FROM OPERATIONS is used by real estate and other investment trusts to present the cash flow from trust operations i.e., earnings plus depreciation and amortization.

INITIAL TERM is normally the first time period covered under an agreement or contract (the Term) at the end of which the agreement will either terminate or be automatically renewed under set conditions (Renewal Term), e.g. a one year contract.

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