Glossary extracted starting with automatic seeds, with PTM for the domain tou and language EN

self-storage unitA warehouse or other facility that rents units to people for storing possessions
bell captainThe person in charge of luggage at a hotel.
sale - leaseFor the purposes of sales coding, the term lease means a lease or license of otherwise exempt land
sale - foreclosure saleThe sale of a mortgaged property resulting from mortgage foreclosure, authorized by a court decree or a power-of-sale clause, to satisfy the debt
centurionofficer in the powerful army of the Roman Empire
bpaBlanket Purchase Agreement
redactto put in writing
turnaround timeTime required to clean, disassemble, and/or remove objects from a function/guest room and reset it for another function or guest.
expansionistseeking to increase power, influence, territory
brcBusiness Reply Card.
valueThe relationship between the benefits associated with a product or service and the costs of obtaining the product or service.
joint tenancyOwnership of land by two or more persons whereby, on the death of one, the survivor or survivors take the whole estate.
reformationReligious movement in the 16th century which led to Protestant churches being established
sale - cashA sale for money in hand
plant capacityThe production capability for which the plant was designed
residual intangible assetsThose intangible assets of a business (going concern) that have not been separately identified and valued in an appraisal
depositAn advance payment required to obtain and confirm space.
inquiryA request for more information about an attraction or destination.
product life cycleThe cyclical pattern of demand for most products from "new and exciting" to "old and dated." Almost all products (tourism and otherwise) have these cycles.
pictura(Latin) painting; many of the extant examples of Roman painting are frescoes, that is painting on wall plaster; however, there is evidence that informs us that painting was also done on wood, ivory and other materials.
legPortion on a journey between two scheduled stops
prPublic relations.
clergyLeaders of the church, such as priests, vicars or bishops
urlUniversal Resource Locator
valuation adjustmentsA market derived factor used in mass appraisal processes to account for variations within a competitive set or market area between the value of benchmark properties and specific properties with different attributes.
funeral services(a)   arrangements and services related to the interment or cremation of human remains,
real estatePhysical land and appurtenances attached to the land, e.g., structures
tickler systemA method for monitoring reservations and payments that’s arranged by date and points out late payments so customers can be contacted.
sale - distress sale• A form of liquidation in which the seller receives less for the goods than what would be received under normal sale conditions; esp
errorAn assertion or belief that does not conform to objective reality; a belief that what is false is true or that what is true is false
environmental risk assessment reportA report which identifies the potential onsite and offsite environmental risks of any specified substances causing contamination before and after remediation, and procedures, including monitoring, designed to mitigate any significant potential risks so identified.  (Contaminated Site Regulation, s
visit usa committeeA committee of U.S
due diligenceIn the context of real estate, a term which refers to the extent of investigation completed for a real estate task related to brokerage activities, property management, valuation, or other real estate research.
paschaAnother name for Easter, the Feast of Christ's Ressurection
recusantThose who refused to attend Anglican services in England and Wales during the period from 1590 to 1650
vacation packagesVacation packages are planned for those traveling independently
electoral areaAn electoral area in a regional district as specified by the letters patent for the regional district
confidential informationInformation that is not available to the public, including actual information about specific properties, such as financial information, provided to BCA and used as the basis for creating derived information.
golf revenueAll sources of income related to golf - green fees, memberships, tournament income - excludes initiation fees.
potterthe creator of a vase, does not include the painting of the vase.
first saleResidential strata properties which are "pre-sold" may reflect "below market" pricing; Developers may use this strategy for the first few sales to encourage interest in their project.
capital assetsAssets of a permanent nature used to produce income, e.g., land, buildings, machinery, equipment.
pass throughsA form of additional rent in which the tenant pays a proportionate share of the operating expenses
limited market propertyA property that has relatively few potential buyers at a particular time (Appraisal of Real Estate, 2nd Edition, 2002)
shellsPreprinted brochures with photos, illustrations, and graphics but no text; also called slicks.
processingA procedure which results in a change in the nature or appearance of the goods and treatment which makes the goods more marketable
convenience storeThe term refers to a convenience store or a retail outlet, typically located in proximity to a residential neighbourhood, where convenience goods can be purchased; provides a convenient location and longer hours for the quick purchase of a wide array of consumable goods and services.
cliaCruise Lines International Association.
single room occupancyAny building that contains rooms intended or designed to be used, rented or occupied for sleeping or living purposes by tenants and is the primary residence of those tenants.
confidential property informationIncludes information that is not:
abaAmerican Bus Association
developing farmLand being developed as a farm which does not yet meet the production requirements of Section 5 of the Classification of Land as a Farm, but which meets the requirements of Section 8 of the Regulation.
prologuethe opening in ancient tragedy and comedy, usually in the form of a soliloquy or a dialogue; a way to convey the dramatic setting and situation of the play and introduce the background of the main characters .
public informationInformation that is not confidential information.
scheduled flightsAir flights that are publicly scheduled and promoted by major airlines.
pollutionThe presence in the environment of substances or contaminants that substantially alter or impair the usefulness of the environment
word-of-mouth promotionPersonal communication about a product or service from one customer to another.
glamerGroup Leaders of America Travel Show www.glamer.com
perfidus(Latin) disloyal ; the English word “perfidy” is etymologically linked to this word.
distress saleA form of liquidation in which the seller receives less for the goods than what would be received under normal sale conditions; esp
flandersNorthern Dutch-speaking part of Belgium
ravineA narrow, steep-sided valley that is commonly eroded by running water and has a slope grade greater than 3:1
value-added taxA type of tax system which adds a fixed percentage of taxation on products and services at each step of production or service delivery.
hospitalA non-profit institution that has been designated as a hospital by the minister and is operated primarily for the reception and treatment of persons:
gdpGross Domestic Product; a measure of a nation's wealth
target marketThe group of customers who will be the focus of a company’s marketing efforts
marinaA marina is a facility for temporary or permanent boat mooring, consisting of docks, floats or piers and services such as fuel and ship's stores.
motorcoachA large, comfortable, well-powered bus that can transport groups and their luggage over long distances
licenseA license of real property is a privilege to go onto premises for a certain purpose, but does not operate to confer on, or vest in, licensee any title, interest, or estate in such property
internal inspectionUsed to describe the job function done by a BC Assessment appraiser when they visit a property to inspect the building inside and out for the purpose of collecting or verifying the physical property characteristics.
archbishop of canterburythe most important Bishop in the Church of England.
taxation yearThe calendar year to which an assessment roll applies for the purposes of taxation as referred to in section 3 (2) (Assessment Act, s
coefficient of dispersionThe average deviation of a group of numbers from the median expressed as a percentage of the median
descriptive researchA form of marketing research that is used to provide detailed answers about customer markets.
permanent structureAny building or structure that was lawfully constructed, placed or erected on a secure and long-lasting foundation on land in accordance with any local government bylaw or approval condition in effect at the time of construction, placement or erection
farmAn area of land classified as such under the Assessment Act
foreclosure saleThe sale of a mortgaged property, authorized by a court decree or a power-of-sale clause, to satisfy the debt. (Black's Law Dictionary, 8th edition)
demandsA consumer’s wants backed by the ability to purchase.
capital expenditureInvestments of cash or the creation of liability to acquire or improve an asset, e.g., land and buildings
book of common prayerThe book containing the structure and words for religious services in the Church of England
chattelsAn article of personal property, as distinguished from real property
improvementsAny building, fixture, or other similar structure attached to land or another improvement
physisGreek term meaning nature or natural way of being
saintA person who lived a life devoted to God; a worthy example of holiness, virtue, or kindness and charity; someone who lets God's love shine through them to the world
incentive tourA trip offered as a prize, usually by a company to stimulate employee sales or productivity.
rangeThe range, or confidence interval, in which the final market value opinion of a property may fall; usually stated as a variable amount between a high and low value limit
religious organizationOrganizations that "...promote the spiritual teachings of a religious body and ...maintain doctrines and spiritual observances on which those teachings are based
local authorityMeans:
turnkeyA turnkey situation is when an owner makes a property ready for a tenant to begin business by having the tenant furnish only furniture, phone and inventory, if any
nagpraNative American Graves Protection and Repatriation Act 25 U.S.C
satwSociety of American Travel Writers
prefectTitle of many high officials in the Roman Empire
demised areaThe walled off and secured area of a leased space, separated from spaces leased to others (by a "demising" wall)
public authorityMeans any of the following:(a)   the government of Canada, the government of British Columbia or the government of another province, or an agent of any of them;(b)  a local government body, educational body or health care body, as those terms are defined in the Freedom of Information and Protection of Privacy Act; (c)   a first nation; (d)   a body in another province or country that provides local government services;(e)   any other body prescribed by regulation as a public authority for the purposes of one or more provisions of this Act or the
upgradeTo move to a better accommodation or class of service.
ideologueone who blindly follows an ideology or set of beliefs
floating homeFloating Home means a structure built on a flotation system, which is used for permanent residential habitation and is not intended for navigation, nor usable as a navigable craft
overnight accommodationAny strata lot that is used or available for overnight stays (e.g., any place that has a bed) whether or not it is rented and regardless of the length of stay.
outliersValues that differ markedly from a measure of central tendency
transliterateto spell a word using the characters or alphabet of another language
sgmpSociety of Government Meeting Planners
timber markA symbol used by a logging company to identify its cut timber
fair market valueA term used in the Property Transfer Tax Act.
comp.Complimentary.
strata accommodation propertyName or acronym for those strata lots which do not qualify to be grandfathered into Class 1 under s
pilgrimagea journey undertaken for religious reasons or toward a religious shrine
strategic planA report that describes a company’s mission statement, goals, objectives and strategic actions.
minarettall, thin towers or spires that are a distinctive part of Islamic mosques, from the top of which the call to prayer is given
aaaAmerican Automobile Association.
ottomanrelating to an ancient Turkish dynasty
fitAcronym with multiple meanings
half storeyThe topmost (above grade) floor in a building that is resident over an existing storey with oblique walls or vertical walls less than 8 feet but greater than 4.5 feet in height
transferThe service of transportation from the modes of transportation (air, rail, bus, ship, boat) terminal to the accommodation.
dccedDepartment of Commerce, Community, & Economic Development
bishopricOffice or rank of a bishop
geotourismTourism that sustains or enhances the geographic character of the place being visited--its environment, culture, aesthetics, heritage, and the well-being of its residents
institutional propertyProperty usually held by a government body for the benefit of the public good, i.e
depositPartial payment used to hold space, usually refundable if cancellation is made enough in advance.
empiricalbased on real-world observations
partnershipTwo persons who dance together
tourismTravel undertaken for pleasure
cost to cureCost-to-cure is a measure used for curable physical deterioration and curable functional obsolescence.
plasticrefers to a material that is molded.
origenTheologian in the 3rd century who developed his own theory of the Trinity
interested personAn individual or entity with no direct involvement in the appeal management and no rights to make submissions or participate in hearings
marketingThe promotional activities that bring buyers and sellers together.
charterTo hire the exclusive use of a transportation vehicle.
municipalityMunicipality means, as applicable,
swot analysisA summary of a company’s strengths and weaknesses, and the environmental opportunities and threats that will most influence it.
bishopThe highest order of ministry; supervises a number of local churches; guards the faith, unity, and discipline of the whole church
related appeals• Unresolved appeals of the same property in previous years • Appeals that are dependent upon the results of other appeals
praeda(Latin) the things taken in a war; plunder.
tariff(1) Fare or rate from a supplier; (2) Class or type of a fare or rate; (3) Published list of fares or rates from a supplier; (4) Official publication compiling rates or fares and conditions of service.
worshipReverence or adoration of a deity through acts, rites or ceremony
verstA Russian measure of linear distance equal to about two-thirds of a mile
independent agentAn individual, acting as an agent who is not employed by an agency.
amenitiesA feature that increases attractiveness or value, particularly of a piece of real estate or a geographic location
philosophy'love of wisdom'; rational investigation of theories and principles or knowledge, existence, and conduct.
fly/drive tourA F.I.T
cooperative advertisingAdvertising that promotes and is sponsored by two or more companies or governmental agencies.
net leaseGenerally a lease in which the tenant pays for utilities, janitorial services, and either property taxes or insurance, and the landlord pays for maintenance, repairs, and the property taxes or insurance not paid by the tenant. (Dictionary of Real Estate Appraisal 4th edition)
plant - primary siteThe primary plant site is the site containing the majority, or highest concentration of plant improvements.
travelThe act or procedure of traveling; movement or passage from one place to another.
architectureThe art and science of scheming and erecting buildings.
risk based standardsAn approach using risk assessment to identify and evaluate substances, persons potentially affected, and exposures to the substances in order to estimate cancer risks or hazard indices in accordance with a director's protocol
bombastexaggerated, overblown language
campground operatorA person or persons who manage(s) a campground.
cyrillicalphabet used in the Russian language
inertiaquality of being difficult to move or change
occupier(a)    a person who, if a trespass has occurred, is entitled to maintain an action for trespass,
used exclusivelyRefers to the activities conducted in the facilities rather than to the use of the facilities
plantA collection of industrial improvements and associated land used for a purpose identified in s
escrow accountsFunds placed in the custody of licensed financial institutions for safekeeping
adam smith18th-century philosopher who developed the theories behind modern capitalism, the dominant economic system in the world based on free markets
left-wingpolitical position supporting the rights of the people, especially the poor and powerless, against the power of the wealthy
responsible personSection 45 of the Environmental Management Act identifies those persons responsible for remediation of contaminated sites
value-based pricingPricing a product based on buyer perceptions of value rather than actual product costs.
bulk fareFare available only to tour organizers or operators who purchase a specified block of seats from a carrier at a low, non-commissionable price and then have the responsibility of selling the seats, including a commission in their marked-up price for the seats.
home based businessA business use which is carried out property which is primarily intended for residential use, either in the main residence or other buildings located on the property.
prosoponA particular individual
unqualified saleSales that do not meet the Qualified criteria
highway neighborsLoose-knit group of communities and businesses situated along the road system.
kioskA small free-standing booth (typically around 100 sq ft) within an enclosed mall designed to encourage impulse buying
stalinpowerful, often ruthless and cruel leader of the Soviet Union, 1922-53
sale - qualifiedData from Land Title and Survey Authority (LTSA) indicates the sale meets criteria to be used for analysis.
wantsWays in which a person satisfies a basic need.
eligible heritage propertyA property designated with heritage protection under either of the Heritage Conservation Act, Local Government Act, Community Charter or Vancouver Charter.
place of public worshipIt is clearly correct to take into account the principal use of the properties in considering the context of "place"
stocapAcronym for "short-term overnight commercial accommodation property"
voucherDocument to be exchanged for goods or services, substantiating that payment has already been made
asmpAlaska Society of Media Photographers.
consortiumA group of persons/companies that pool together their resources to obtain benefits such as commissions, advertising, etc.
product life cycleThe cyclical pattern of demand for most products from “new and exciting” to “old and dated.” Almost all products (tourism and otherwise) have these cycles.
navelong hallway that serves as the main body of a church that leads to the altar
miscellaneous subdivisionsThe various easement, reference, or statutory right-of-way plans associated with a subdivision.
focus group interviewA research interview format in which a trained, objective moderator facilitates respondents' discussion of a given topic
collateralBrochures, posters, and other materials used to support tourism promotion.
meada honey wine popular in the Middle Ages
fratricidalhaving to do with killing one's brother(s) or sister(s)
vacancySeniors' housing vacancy is expressed as a per cent of potential gross income.
forfeitureForfeiture is the transfer of ownership of privately owned real property to the provincial Crown, due to the non-payment of rural property taxes
effective ageThe age indicated by the condition and utility of a structure
folioA collection of data, identified by a roll number, that consists of ownership, actual value and other information required for assessment purposes
dormerA window set vertically in a structure projecting through a sloping roof; also: the roofed structure containing such a window
wait-listList established when there are no more ready available spaces; names waiting for cancellations.
availabilityThis could pertain to air/hotel or car that means if space is open to sell to the public.
pantheonAll the gods of a particular belief system, taken together
greater boardMeans the corporate body, incorporated by an Act, with responsibility for the provision of water or sewage and drainage services
incurable defectsA defect that cannot be cured is one that affects the substance of the notice
federal property - landLand subject to payments in lieu of taxes
protagonistthe leading character or hero in ancient Greek tragedy; in modern literary criticism, the central character in a drama or another
volume purchaseThe purchase of large quantities of a product or service.
land characteristicA land characteristic describes a feature of the land component.
contaminated sitesAn area of the land in which the soil or any groundwater lying beneath it, or the water or the underlying sediment, contains
chain-ratio methodA method for forecasting market demand by multiplying a base market figure by a series of consumption constraints.
farm income ratioActual Income/Required (Threshold) Income = Income Ratio.
local areasLocal areas, established under the Local Services Act, are areas within which a particular service is provided and for which extra property taxes are levied on the residents by the provincial government
orthodoxconforming to the rules and doctrine of a religion
retail agencyTravel company selling directly to the public, sometimes a subdivision of a wholesale and/or retail travel organization.
saleA real property transaction which involves the transfer of an interest in real property from one party to another party.
ad hoc groupSee Pre-formed Group.
minimum connect timeDefined as the minimum time necessary between linking flights - 30 minutes domestically, usually - ideally, at least a hour.
set apartMade available for, or to be made available for
reject saleA sale that will not be included in a sales study.
serviceThe performance of work or duties for a better or as a servant
strata planA plan that shows real property divided into two or more strata lots.
farm classificationUnder the Classification of Land as a Farm Regulation, a farm is all or part of a parcel of land used for:
wholesaleSale of travel products through an intermediary in exchange for a commission or fee generally at reduced tariffs.
deadheadingMaking a trip or a segment of a trip without passengers, such as driving an empty
federal property - improvementsImprovements subject to payments by the Federal Crown for further information, see the Payments in Lieu of Taxes Act.
break-even pointThe point at which revenues and expenses are the same
subleaseA lease given by one tenant to another to create a sub-tenancy, usually only for the duration of the original tenant's lease term
gizacity in Egypt where several of the greatest pyramids are located
opiatea drug derived from opium, or something that acts like such a drug
lease interestThe interest held by the lessee (the tenant or renter) through a lease conveying the rights of use and occupancy for a stated term under certain conditions
unclassifiedFolio listings or tallies are done so according to various coding parameters
resident per diem feeThe daily rate residents of publicly funded facilities pay towards their care
distance learningAny activity in which the learner participates in a resource education experience from a location remote from the resource in question and without the personal presence of a agency representative, i.e
interim useThe use to which a site or improved property is put until it is ready for its future highest and best use.
encroachmentAn interference with or intrusion onto another's property
land surrounding"..."land on which the building stands" is the footprint of the building or buildings ..., but not the surrounding land
ahmaAmerican Hotel & Motel Association.
government/expropriation saleThe property is taken from a private individual or corporation by government in exchange for compensation
hsmaiHospitality Sales and Marketing Association International www.hsmai.org , www.abt-travel.com
interim sale dateThe date on which the vendor and purchaser entered into a contract of purchase and sale.
outfitterA business providing the equipment necessary for some adventure or activity, such as white-water rafting.
independent livingApartment-style accommodations that provide supportive services such as meals in a communal dining room, light housekeeping and flat linen service, 24-hour emergency response and organized activities
bespokeCustom-made
extensionA fully arranged sub-tour offered optionally at extra cost to buyers of a tour or cruise
day rateSpecial rate for non-overnight use of a hotel room
tenant improvementsExtensive tenant improvements can influence contract rents or they may be built into the asking rents as a tenant improvement allowance
gerrymanderedan area divided among different groups so as to give one group an advantage because more people of that group live in a certain part
community care facilityA premise or part of a premises
ustdcU.S
telemarketingDirect marketing via the telephone.
manufactured homeA structure, whether or not ordinarily equipped with wheels, that is designed, constructed or manufactured
peripateticfounded by Aristotle, the Peripatetic school was where he taught philosophy to his students; this school is famously parodied in Aristophanes’ The Clouds.
perioda designated length of time in history.
moderateSingle family dwelling built after 1930
instrument(a)  a Crown grant or other transfer of Crown land, and
goodwill valueThe value attributable to goodwill
wrothVehemently angry; incensed
artaAssociation of Retail Travel Agents.
hotel classificationThere is no official classification or accepted rating system for U.S
dinghysmall boat
encomiumLatin meaning praise of a person or thing; A five-part genre with prologue, birth and upbringing, acts of the person's life, comparisons to praise the subject, and epilogue
motorinospopular brand of electric scooters
responsible personSection 45 of the Environmental Management Act
pilgrimageA journey made to a sacred place as an act of religious devotion
related party sale• Sale where the vendor and purchaser are associated, for example related companies or related individuals
ttraTravel & Tourism Research Association.
teaser pieceA teaser piece can either be a rack brochure (*see “rack brochure” above), or a mailer, giveaway, or some other promotional piece that is intended to “tease” the receiver into taking a specific action.
systemA voluntary building rating system that evaluates environmental performance from a "whole building" perspective over a building's life cycle
sale - government/expropriation saleThe property was purchased from a private individual or corporation by government for government or public purposes (e.g
fixed costsCosts that don’t change with sales or production levels.
teaser pieceA teaser piece can either be a rack brochure (*see "rack brochure" above), or a mailer, giveaway, or some other promotional piece that is intended to "tease" the receiver into taking a specific action.
rmoRegional Marketing Organization.
nacaNational Air Carriers Association.
landincludes
sale - uninformed purchaserThe purchaser was not knowledgeable of market conditions
sightseeing companiesOrganizations that provide local guided tours.
revised rollIncludes amendments made by the assessor and the property assessment review panels during February and March of each year
possessionHaving control over a thing with the intent to have and to exercies such control
rate typeA rate type is a code that indicates the units of comparison to be used, and, thus, the way valueBC calculates land value
wtmWorld Travel Market.
hotelAn establishment that provides lodging and usually meals and other services for travellers and other paying guests
precentorClergy person responible for music and liturgy in Anglican churches
quality - economic rateQualities 1-5 represent the quality of the income stream, not necessarily construction quality
order-in-councilSubordinate legislation made under the authority of a statute
tenantOne who has the temporary use and occupation of real property owned by another person (called the "landlord"), the duration and terms of the tenancy being usually fixed by a lease
cash saleA sale for money in hand
departure taxFee collected from a traveler by the host country at the time of departure.
attractionA natural or man-made facility, location, or activity which offers items of specific interest
polytheismbelief in many gods.
luxurySomething inessential but favorable to pleasure and comfort
farmer's dwellingA dwelling which is:
airline farePrice charged for an airline ticket
competitive market setThe range of properties of a specific type which a typical buyer or seller (investor) would normally consider as alternatives for comparison of investment opportunities.
gross building areaThe total constructed area of a building
capital expenseThe amount required to satisfy the interest on and amortization of an investment; also called capital charge
registered or registrationIn respect of real property, refers to the registration in the books of the land title office
ratio studyA study of the relationship between assessed values and market values
economic impact studyResearch into the dollars generated by an industry and how these dollars impact the economy through direct spending and the indirect impact of additional job creation and the generation of income and tax revenue.
pow wowTIA's annual meeting for U.S
vestedWhen the right, interest or title to the legal estate is transferred back to the owner or to any other party.
unitSleeping room or combination of bedroom and bathroom offered for rent as a unit for the overnight accommodation of a guest or guests
listingAn offering of a property for sale, generally associated with a Multiple Listing Service
squatterA squatter is a person who settles on another's land, without legal title or authority; a person entering upon lands, not claiming in good faith the right to do so by virtue of any title of his own or by virtue of some agreement with another whom he believes to hold the title
input tax creditA credit which GST/HST registrants may claim for GST/HST paid or payable on purchases relating to a commercial activity.
industrial automotive propertyIndustrial Automotive Properties include:
on-site programmingEducational or interpretive activities conducted by agency personnel within agency’s unit jurisdictional boundary.
basilicaA church with a privileged canonical status granted by the Pope or of a particular architectural style
marina - smallA facility with less than 100 slips.
tax saleThe sale of real property, usually at auction by a public authority, in order to pay delinquent municipal taxes assessed by the owner
partial interest saleThe sale of a divided or undivided right in real estate that represent less than the whole.
prPublic Relations
off-site programmingEducational or interpretive activities conducted by agency personnel outside the agency’s unit jurisdictional boundary.
goodwillA business's reputation, patronage and other intangible assets that are considered when appraising the business, especially for purchase; the ability to earn income in excess of the income that would be expected from the business viewed as a mere collection of assets
leisure travelTravel for enjoyment as opposed to business.
shopping centre kioskA small free-standing booth (typically around 100 sq ft) within an enclosed mall designed to encourage impulse buying
tia or tiaaTravel Industry Association of America.
manufacture"Manufacturing" is an activity that creates end products different in form, qualities or properties from the original materials
redemptionThe Redemption Period is a one-year period provided immediately following forfeiture, during which the former owner or registered charge holder can pay all the outstanding property taxes and the title of the property will be restored to the former owner (redemption). (Ministry of Finance-Property Taxation Branch)
conversionGetting “heads in beds” or otherwise closing the sale
inventoryMeans Goods that are:
wayfinding signageSigns to aid the public in orienting themselves geographically within a specific location and which identify functional units within the location.
unusual financingThe purchaser used unconventional financing to purchase the property
duty-free importsItem amounts and categories specified by a government that are fee of tax or duty charges when brought into the country.
budgeted balance sheetA budget that measures total assets and liabilities.
shuttleThe word shuttle could have several meanings
excommunicationthe exclusion of an offender from participation in the life of the Church and religious services
rebarsteel rod used to reinforce concrete to make it stronger
lo-riseA structure 4 stories or less.
leaseA lease is any agreement which gives rise to relationship of landlord and tenant (or lessor and lessee) of real property; contract for exclusive possession of lands or tenements for determinate period
hospital facilitiesIncludes laboratories, laundries and other premises used in conjunction with a hospital
tour timeThe time scheduled for an worker to be on duty on any day
folioAn itemized record of a guest’s charges and credits which is maintained in the front office until departure
improvement districtsPublic corporate bodies which operate independently of regional districts or any other administrative jurisdiction
parent parcelWhen a parcel is subdivided into smaller lots, then the original parcel is called the parent parcel
restrictive covenantProvision in a deed limiting the use of the property and prohibiting certain uses
fileIn relation to a notice or record required to be filed with an assessor, the board or assessment authority, includes mail or leave with the assessor, board or assessment authority or deposit in the mail receptacle at their office
professional expertsThe Ministry of Environment maintains a roster of professional experts who are authorized under section 49.1 of the Contaminated Sites Regulation to make recommendations to the Director concerning the issuing of Approvals in Principle, Certificates of Compliance, Determinations that a site is/or is not a Contaminated Site, Contaminated Soil Relocation Agreements, and background releases (based on Table 1 of Protocol 4) for low to moderate risk sites.
outbound operatorA company that takes groups from a given city of country to another city or country.
market valueSection 19 (1) of the Assessment Act of British Columbia, RSBC 1996, Chapter 20, defines Actual Value as "the market value of the fee simple interest in land and improvements." The Court of Appeal of British Columbia in Standard Life Assurance Co
grant rollsGrants in Lieu of Taxes (GILT) for provincial purposes and Payments in Lieu of Taxes (PILT) for federal purposes rolls (also known as "grant rolls") are produced by BC Assessment for use by taxing authorities as well as provincial and federal government ministries and Crown corporations responsible for GILT and PILT.
lotAny portion, piece, division, or parcel of land
electronic signatureAn electronic signature is information in an electronic form that a person has created or adopted in order to sign a record and that is in, attached to or associated with the record
secondary informationResearch data that was collected by another company or person and usually for a purpose that’s different than the research objectives and tasks at hand.
maceA ceremonial staff carried as a symbol of office
fitHas come to mean the independent traveler, one not traveling with a group.
parisha smaller division of a county in Ireland that was originally the area served by the local church
ousiaEssence, such as human or divine
amhsAlaska Marine Highway System.
development cost chargesA fee which local governments may levy against development projects to recover the cost of providing local services.
storageSafekeeping of goods in a warehouse or other depository
affinity groupsGroups sharing common interest, usually passengers who are members of an organization (see also Pre-formed Group).
forerunnerJohn the Baptist
cemetery servicesMeans the operation of a place of interment or crematorium and the disposition of human remains by interment or cremation and includes the supply of goods incidental to and as a part of interment or cremation, but does not include the sale of rights of interment
product extensionAn add-on product or service, which enhances the experience of your product and generates additional revenue
interpretative programmingActivities conducted in a recreational environment which seek to connect the participants to the meanings and values of the resource being experienced.
rent concessionsAll rent concessions result from market conditions and the relative negotiating strength of the property owner and the tenant
group leaderAn individual who has been given the responsibility of coordinating tour and travel arrangements for a group
real propertyThe interests, benefits and rights inherent in the ownership of real estate
nunA woman who belongs to a religious order and lives under vows of poverty, chastity, and obedience
riparian areaA streamside protection and enhancement area
municipal specific areasMunicipal Specified Areas are established by Order in Council as a result of a municipal incorporation
wholesalerA company that purchases large blocks of rooms, tickets, etc
productSomething that is distributed commercially for use or consumption and that is usually:
encumbranceA claim or liability that is attached to property or some other right and that may lessen its value, such as a lien or mortgage; any property right that is not an ownership interest
carbon taxestax on excessive emission of carbon, to cut down on human-induced climate change
tour managerA person who supervises an escorted tour to oversee the group and to make sure that everything runs smoothly
cut timber valueThe value of timber based on species and grade, harvested two years prior to the taxation year. 
tourism certification programsThese included AAA (Automobile Association of America) and have typically measured and compared quantity, service, and price, areas deemed most important to travelers.
sale - special interest• Assignment of an Agreement for Sale • Sale from an execution of an estate
permitA written licence or warrant [e.g
novenaA special prayer to be offered on nine consecutive days or a cycle of prayers for nine days; a St
prsaPublic Relations Society of America http://www.prsa.org/
common areaIn the context of classifying Bed and Breakfasts, the area within a single family residence which is available to the public (Bed & Breakfast guests) who purchase short-term accommodation
educational programmingActivities conducted in partnership with formal education institutions and which seek to meet both the institution’s specific education outcomes and the agency’s resource stewardship goals.
fee simple interestAbsolute ownership unencumbered by any other interest or estate, subject only to the limitations imposed by the governmental powers of taxation, eminent domain, police power, and escheat
chargean estate or interest in land less than the fee simple and includes(a) an estate or interest registered as a charge under section 179, and (b) an encumbrance.
heterogeneousA descriptor generally applied to single family residential neighbourhoods with a diversity of construction types, features, and age of housing
trespassTrespass is an unlawful interference with one's property; at common law, trespass to land is every unauthorized and direct breach of the boundaries of another's land
hi-riseA structure 5 stories or higher.
plant primary divisionThe division of the MIPs manual which the Manual Overview directs the user to start the costing process
excess rentThe amount by which contract rent exceeds market rent at the time of the appraisal; created by a lease favourable to the landlord (lessor) and may reflect a locational advantage, unusual management, unknowledgeable parties, or a lease execution in an earlier, stronger rental market.
interest during constructionThe cost of borrowing money to meet project construction expenditures
farm productA qualifying agricultural product of a qualifying agricultural use as defined in section 1(1) and the Schedule to the Classification of Land as a Farm Regulation.
downgradeTo move to a lesser level of accommodations or a lower class of service.
partnering agreementAn agreement between a local government and another entity for provision of a local government service.
altruismdoing good for others
ardorAlaska Regional Development Organization.
stigmaStigma represents a negative influence on property value that is largely related to uncertainty and future risk
public worship...for "worship" to be "public" it must involve the coming together of people in a corporate event to which members of the public are given notice that they are invited to attend and to which members of the public feel invited
pragmaticpractical
dwellingThe house or other structure in which a person or persons live; a residence; abode; habitation; the apartment or building, or group of buildings, occupied by a family as a place of residence
straitnarrow body of water between two large land masses
property managerA person (including a company) who, under contract with the property owner, operates and manages real property for the owner.
travel agentThe individual who sells travel services, issues tickets and provides other travel services to the travel services to the traveler sat the retail level.
charitable institution"charitable institution"
reinventoryWhen properties in a particular neighbourhood or specific property types are actually visited by an appraiser to determine the accuracy of the physical inventory or other attributes of the property
capital recaptureThe return of equity in an investment as distinguished from the return on equity
b&bBed and Breakfast.
non-saleA non-arm's length property transaction that does not reflect the market.
cooperative agreementA cooperative agreement is a written legal instrument reflecting a relationship between a Federal agency and a state or local government, tribal government, or other non-federal recipient in which the principle purpose is to transfer money, property, services, or anything of value to the state or local government or other recipient to stimulate or support a public purpose authorized by federal statute
eventAn occurrence that attracts tourists.
depreciationDepreciation is the difference between the market value of an improvement and its reproduction or replacement cost at the time of appraisal
package tourA saleable travel product offering an inclusive price with several travel elements that would otherwise be purchased separately
percentage rentRental income received in accordance with the terms of a percentage lease; typically derived from retail store and restaurant tenants and based on a percentage of their gross sales
grappakind of brandy made from grapes
farm gate amountFarm gate amount is the dollar value received by the farmer from direct farm sales of qualifying agricultural products, or the value of qualifying agricultural products that are used for processing
rtcRural Tourism Center.
non-profit organizationA non-profit organization is defined as a society constituted under the Society Act, RSBC 1996, c
meccathe center for a certain activity or group of people
capacityIn the context of industrial property classification, the production capability for which the facility was designed
de minimus improvementAn improvement that is so inconsequential in size or value that, in law and practice, it does not make sense to separately assess it.
hogsheada large cask or barrel
manufactured home parkA Manufactured Home Park is "land used or occupied by a person for the purpose of providing space for the accommodation of one or more manufactured homes and for imposing a charge or rental for the use of the space." (Manufactured Home Tax Act, s
supplierThe actual producer and seller of a unit of travel merchandise, such as a carrier, hotel or sightseeing operator.
trailblazing signageSigns to aid the public in arriving at a particular location.
joined appealOn application by a party or at the board's own initiative, the board may consolidate all or part of an appeal with any other appeal:
alsaceNortheastern region of France, borders on Germany
market rental rateThe most probable Rent which a leased property should bring for the relevant lease term in a competitive and open market under all conditions requisite t a fair lease transaction, the lessee and lessor each acting prudently and knowledgeably, and assuming the Rent is not affected by undue stimulus between the parties
voucherDocuments that are exchanged for goods and service to substantiate payment that will be or already has been made.
carrierA company that provides transportation services, such as motorcoach companies, airlines, cruise lines, and rental car agencies.
educational/interpretive signageSimple sign or label that provides basic information to aid visitor in orientation to or understanding of the location.
camping feeA fee levied by campground owners or managers/operators use of the campsites or RV pads and ancillary amenities.
tariffa tax on trade goods, usually imports
matushkaPriest's wife
carrying capacityCarrying capacity refers to the number of visitors that can adequately be accommodated with existing infrastructure including lodging, dining, public bathrooms, roads, parking, etc.
errors and omissions insuranceInsurance coverage equivalent to malpractice insurance, protecting an agent’s or operator’s staff if an act of negligence, an error, or an omission occurs that causes a client great hardship or expense.
going concernAn operating business enterprise that is expected to continue
golf course- par 3An average Par 3 is between 1,000 and 3,000 yards in length
visaStamp of approval recorded in a traveler’s passport to enter a country for a specific purpose.
netrateWholesale rate to be marked up for eventual resale to the consumer.
subdivisionThe division of land into two or more parcels.
plemochoecovered bowl that often held perfume and oil (image).
attractorA significant tourist attraction, which compels visitation
ncstdNational Council of State Travel Directors ..
mavis beaconname for a very effective learn-to-type computer software program in the 1980s
translationRemoval of holy objects (such as relics) from one place to another
waitlistA list of clients awaiting transportation or accommodations at times when they are not available
non-profitNot established for the purpose of making a profit; not entered into for money (Merriam-Webster Online Dictionary)
crownA reference to either the provincial or federal Government
lexiconvocabulary; the words you are familiar with
lecterna stand for someone to speak or read from
simple random sampleA sample that draws a group of respondents randomly from all members of the population.
avspAlaska Visitors Statistics Program, a visitor study conducted by the State of Alaska, Division of Community and Business Development.
variable costsCosts that change with sales or production levels.
hotel categoriesThe following sub-categories are available for identifying distinct hotel-motel Models (e.g
pluralismcharacterized by diverse groups