Expansion Option

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Definition: Expansion Option

Expansion Option
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Full Definition of Expansion Option

A provision in a lease granting a tenant the option to lease additional adjacent space after a specified period of time; common in commercial leases.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/expansion-option/
Modern Language Association (MLA):
Expansion Option. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/expansion-option/.
Chicago Manual of Style (CMS):
Expansion Option. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/expansion-option/ (accessed: April 23, 2024).
American Psychological Association (APA):
Expansion Option. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/expansion-option/

Definition Sources

Definitions for Expansion Option are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.