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Term for Identification: Atlantic Charter

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Term for identification: Atlantic Charter


Definitions:

Heavy Traffic

Characterized by a high volume of vehicles or pedestrians in a given area, leading to congestion and slower movement.

Lower Than Market Rent

Renting property at a rate below the typical market price, often as part of a housing affordability strategy.

Potential Retail Sales

The projected amount of sales a retail business could make, based on market analysis and business strategy.

Anchor Store

A large retail store that attracts customers to the shopping mall or center in which it is located, serving as a foundational business for the area.

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