Gruen Transfer (Effect)

In shopping mall design, the Gruen transfer (also known as the Gruen effect) is the moment when consumers enter a shopping mall and, surrounded by an intentionally confusing layout, lose track of their original intentions. It is named for Austrian architect Victor Gruen, who disavowed such manipulative techniques.


The term used to describe borrowings to purchase an investment property.

Good Root of Title

The starting point from which title to Old System land may be considered acceptable. It is usually a conveyance or mortgage for valuable consideration which is at least 30 years old at the time of the search.


Any Crown Grant of land by the Crown to private ownership. The land is said to be "alienated from the Crown in fee".

Gross Margin (or Gross Profit)

Gross margin is the difference between what an item costs and for what it sells. Can be measured in dollars or as a percentage.

Gross Margin Return On Investment or GMROI

A measure of inventory productivity that expresses the relationship between your total sales, the gross profit you earn on those sales, and the number of dollars you invest in inventory. GMROI can be measured in dollars or as a percentage.

Gross Lease

A lease where the tenant pays a rental but no separate charges for the outgoings (common area running costs). The landlord generally pays these from the rental figure received.