Term:
Commercial land
Definition:

Land mainly used for commerce, trade and related services, such as shopping centres, banks, commercial garages, repair shops, commercial storage facilities, related office buildings, etc. Also included are private roads and other auxiliary spaces located in the areas concerned. In terms of ISIC/Rev.3, the activities included in this category can be described by divisions 50-55, 65-74, 91 and 93.

Domain:
Industry
Source:
OECD Glossary
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