asset class
Noun
For commercial real estate, the classification of income-producing property according to type (e.g., hotel, office or industrial) and its quality ranking (e.g., class A, class B or class C).
Synonym(s):
- class.
For commercial real estate, the classification of income-producing property according to type (e.g., hotel, office or industrial) and its quality ranking (e.g., class A, class B or class C).