Workspace Glossary

Abandoned/Ghost/No-show Meeting Abatement Period Absorption ABW (Activity Based Working) Accelerator Access Control Ad-hoc Meeting Agile Working Alienation Amenities Assigned Seating Assignment Audio Conferencing AV (Audio Visual)

Base Rent Boardroom Break Clause Break Option Broker Commission Building Insurance Building Survey Business Center Business Lounge Access

Call Routing CapEx CEEO/CEXO (Chief Employee Experience Officer) CO/CPO (Closed Office), or Closed Plan Office Commencement Date Common Area Maintenance Concierge Services Corporate Coworking Coworking

Day Office Rental Desk Booking Desk Hoteling Dilapidations Distributed Team

Effective Rent Elastic Office Employee engagement Executive Suite

Fibre Fit-Out Flexible Work Environment Flexible Work Policy Flexible Work Schedule Flexitime Forfeiture Free Address Fully-Remote

Gross Area

Hot Desking Hub and Spoke Huddle Rooms Hybrid Office Hybrid Team Hybrid Working Hybrid Workplace

Incubator IT (Information Technology) IT Services ITO / IT Outsourcing IWMS (Integrated workplace management software)

Landlines Landlord Landlord Agent Lease Security Lease Term Lessor License Agreement

Mail Forwarding Service Managed Office

Net Office Space

Office space planning Office Timeshare OO/OPO (Open Plan Offices ) Open Space Operating Costs

Portability Pre-let Private Office Suite Property Manager

R&D (Research & Development) Recurring Meeting Relaxation Zone (Chillout) Relocation Remote Work Rental Offer (Proposal) Rent-free Periods RFP (Request for Proposal)

Service Charge Service Cost Serviced Office Space Management Space-as-a-Service (SPaaS) Stamp Duty Structured Cabling Subletting

Telecoms Tenant Term of Lease Tier-1 Internet Touchdown Spot Turnkey Office Solutions

Video Conferencing Virtual Business Address Virtual Headquarters Virtual Landline Number Virtual Office Virtual Receptionist VOIP VPN

Wi-Fi Work From Anywhere Work From Home Workplace Experience WX (Workplace Experience)