PERCENTAGE LEASE Definition

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PERCENTAGE LEASE is a type of lease where the landlord charges a base rent plus an additional percentage of any profits realized by the business tenant.

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AMALGAMATION is a consolidation or merger, as of several corporations. In business, the distinction being that the surviving entity incorporates the asset base of others into its base.

OPTIMAL SOLUTION is that which is determined to be the best solution from all feasible solutions.

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