Percentage Lease

Business, Legal & Accounting Glossary

Definition: Percentage Lease


Percentage Lease


Full Definition of Percentage Lease


A lease, commonly used for commercial property, whose rental is based on the tenant’s gross sales at the premises; it usually stipulates a base monthly rental plus a percentage of any gross sales above a certain amount.


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https://payrollheaven.com/define/percentage-lease/
Modern Language Association (MLA):
Percentage Lease. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
October 18, 2024 https://payrollheaven.com/define/percentage-lease/.
Chicago Manual of Style (CMS):
Percentage Lease. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/percentage-lease/ (accessed: October 18, 2024).
American Psychological Association (APA):
Percentage Lease. PayrollHeaven.com. Retrieved October 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/percentage-lease/

Definition Sources


Definitions for Percentage Lease 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: 16th November, 2021 | 0 Views.