TRIPLE NET Definition

Bookmark and Share

TRIPLE NET (NNN) is a lease that includes on top of the basic rent, a share of the real property taxes, insurance, and maintenance. "Triple-net-leases are standard in commercial property leases in shopping centers and malls. Usually done under a limited partnership, resulting in lower risk for investors.

Learn new Accounting Terms

WORKING TRIAL BALANCE is similar to the trial balance. Additionally, it contains columns for adjusting entries and the adjusted balance. This report is typically used at year-end to assist in making adjusting entries.

CHURNING, in securities, is the frequent trading of an account in order to generate commissions.

Suggest a Term

Enter Search Term

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