Inputs, or factors of production, include labor, capital, and entrepreneurship. BASE RENT the minimum rent due under a lease that has a percentage or participation requirement.
Basic industry is considered to be any concern which attracts income from outside the local area.
Same as semiannual. Contrast with biennial. BILL OF SALE a written instrument given to pass title of personal property from a seller to a buyer. The payment is exactly half of what a monthly payment would be. Over a year's time, the 26 payments are equivalent to 13 monthly payments on a comparable mortgage loan.