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Consumer Price Index (CPI)

Definitions

Measures inflation in relation to the change in the price of goods and services purchased by a specified population during a base period of time; commonly used to increase the base ...

Consumption Per Household

Definitions

All purchases made by a household (home or abroad) to meet its everyday needs:  food, clothing, housing services (rents), energy, transport, durable goods ...

Contiguous Space

Definitions

Multiple suites/spaces within the same building and on the same floor that can be combined and rented to a single tenant, or a block of space located on multiple adjoining floors i ...

Continuous Operations Clause

Definitions

A clause commonly written in retail leases that requires a tenant to continuously operate at a property for the entire term of the lease; as anchor tenants may act as a demand driv ...

Contract Rent

Definitions

The rental obligation, expressed in dollars, as specified in a lease; also known as “face rent” or “stated rent”.

Contributory Value

Definitions

The amount a component of a property contributes to the total market value; for improvements, contributory value must be distinguished from cost.

Controlled Commercial Entity (of Section 892)

Definitions

Any entity engaged in commercial activities as defined in the Internal Revenue Code (IRC) (whether conducted within or outside the US) for which a foreign government directly or in ...

Convertible Debt

Definitions

A mortgage position that gives the lender the option to convert to a partial or full ownership position in a property within a specified time period.

Convertible Debt/Loan/Mortgage

Definitions

A debt financing obligation issued to a company or an individual by a bank or similar financial institution that gives the lender the option to convert to a partial or full ownersh ...

Convertible Preferred Stock

Definitions

Preferred stock that is convertible to common stock under certain formulas and conditions specified by the issuer of the stock.

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