Dictionary

Vacancy Rate

Definition:   the percentage of rental units that are not occupied Pronunciation:  \ˈvā-kən(t)-sē\ Used in a Sentence:    The vacancy rate in the office building was less than 10%.

Vacancy And Collection Losses

Definition:   a deduction from potential gross income for (1) current or expected future space not rented due to tenant turnover and (2) loss from uncollected rent due from delinquent tenants....