Business, Legal & Accounting Glossary
1. A quality rating, such as for a commodity. 2. Real Estate: The elevation of a hill, road, sidewalk or slope showing its inclination from level ground. Usually expressed as a percentage of level distance: a ten percent grade rises ten feet in each 100 feet of level distance.
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This glossary post was last updated: 20th November, 2021 | 0 Views.