Definition:
An allowance that provides for the periodic
replacement of building components that wear out more
rapidly than the building itself and must be replaced during
the building’s economic life.
Use this tool to find CRE related terms, and their corresponding definitions, as they are used in our reports.
Definition:
An allowance that provides for the periodic
replacement of building components that wear out more
rapidly than the building itself and must be replaced during
the building’s economic life.