Focus Earth Glossary

A comprehensive collection of key terms and definitions you need to know

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Comparable Sales (Comps)
Sales data for similar properties used to assess the value of a property being appraised.
General
Property Valuation
Control
Mechanism controlling the power to a system of lights.
Luminaire Components
Lighting Supply and Illumination Industry
Correlated Color Temperature (CCT)
Color appearance of light, measured in Kelvin (K), ranging from warm (below 3,000 K) to cool (above 5,000 K).
Basic Lighting Terms
Lighting Supply and Illumination Industry
Cost Approach
Estimates value by the cost to replace or reproduce the property, minus depreciation.
Types of Valuation
Property Valuation
Crime Prevention Through Environmental Design (CPTED)
Advocates that adequate design and proper use of the environment can reduce crime and fear of crime, thereby improving quality of life.
Organizations
Organizations
Deed
Legal document transferring ownership of real property from one party to another.
Legal and Ownership Terms
Property Valuation
Department of Energy (US)
https://www.energy.gov/
Organizations
Organizations
Depreciation
Decrease in property value over time due to wear and tear, age, or obsolescence.
General
Property Valuation
Dimming
Ability to adjust the brightness of a light source, commonly controlled by dimmer switches or integrated systems.
Electrical and Control Systems
Lighting Supply and Illumination Industry
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Lighting Supply and Illumination Industry

Luminaire Components

Fixture
Housing portion of the luminaire, connecting a light to the infrastructure (ceiling, wall, pole, etc.)

Lighting Supply and Illumination Industry

Luminaire Components

Fixture
Housing portion of the luminaire, connecting a light to the infrastructure (ceiling, wall, pole, etc.)

Basic Lighting Terms

Fixture
Housing portion of the luminaire, connecting a light to the infrastructure (ceiling, wall, pole, etc.)

Traditional Lamps and Fixtures

Fixture
Housing portion of the luminaire, connecting a light to the infrastructure (ceiling, wall, pole, etc.)

Lighting Design and Applications

Fixture
Housing portion of the luminaire, connecting a light to the infrastructure (ceiling, wall, pole, etc.)

Property Valuation

General

Fixture
Housing portion of the luminaire, connecting a light to the infrastructure (ceiling, wall, pole, etc.)

Types of Valuation

Fixture
Housing portion of the luminaire, connecting a light to the infrastructure (ceiling, wall, pole, etc.)

Income-Producing Property

Fixture
Housing portion of the luminaire, connecting a light to the infrastructure (ceiling, wall, pole, etc.)

Financial and Investment

Fixture
Housing portion of the luminaire, connecting a light to the infrastructure (ceiling, wall, pole, etc.)

Property Types and Classifications

Fixture
Housing portion of the luminaire, connecting a light to the infrastructure (ceiling, wall, pole, etc.)

Organizations

Organizations

Fixture
Housing portion of the luminaire, connecting a light to the infrastructure (ceiling, wall, pole, etc.)

LED Types

LED Types

Fixture
Housing portion of the luminaire, connecting a light to the infrastructure (ceiling, wall, pole, etc.)
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