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Spending Variance
The difference between the actual amount spent and the budgeted or expected amount, which can be favorable or unfavorable.
Tenant-Days
A measure used in hospitality and property management to calculate the total number of days that tenants or guests occupy a space over a certain period.
Net Operating Income
The profit generated from a company's core business operations, excluding deductions of interest and taxes.
Revenue and Spending Variance
The difference between actual and budgeted figures for both income and expenditures, respectively.
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