FUNDS FROM OPERATIONS (FFO)
\fˈʌndz fɹɒm ˌɒpəɹˈe͡ɪʃənz ˌɛfˌɛfˈə͡ʊ], \fˈʌndz fɹɒm ˌɒpəɹˈeɪʃənz ˌɛfˌɛfˈəʊ], \f_ˈʌ_n_d_z f_ɹ_ɒ_m ˌɒ_p_ə_ɹ_ˈeɪ_ʃ_ə_n_z__ ˌɛ_f_ˌɛ_f_ˈəʊ]\
Definitions of FUNDS FROM OPERATIONS (FFO)
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Excluding property sales, but including real estate depreciation, this is REIT-generated net income. It is a good approximation of cash flow and an even better judge of operations than Generally Accepted Accounting Principles (GAAP), the standard for American public companies, when compared to normal corporate accounting.
By Henry Campbell Black
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- (1732-1796), a famous astronomer, member Committee Safety in 1776 and treasurer Pennsylvania from 1777 to 1789. He was director of the U.S. mint 1792 1795.