OCCUPANCY COST Definition

Bookmark and Share

OCCUPANCY COST is any cost or charge incurred by a tenant pursuant to its lease, such as rent, operating expense increases, parking charges, moving expenses, remodeling costs, etc.

Learn new Accounting Terms

USEFUL LIFE is the expected period of time, in years, during which a depreciating asset will be productive.

OBJECT CODE designates the type of expense or revenue to be charged to an account.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.