NNN meaning in Accounts and Finance ?

Answer: What is Triple Net mean?

In United States real estate business, normally the landlord, rather than the tenant, is responsible for real estate taxes, maintenance, and insurance. In a "net lease" the tenant or lessee is responsible for paying, in addition to base rent, some or all of the recoverable expenses related to real-estate ownership. As the rent collected under a net lease is net of expenses, the base rent tends to be lower than rent charged under a gross lease.

Net lease types include single net, double net, and triple net leases, depending on the number of items they include. The term "net lease" often being used as a shorthand expression for any of these arrangements. The three most common expenses charged back in this fashion, often called the "three nets", are property taxes, insurance, and maintenance. A triple net lease that includes the three nets is particularly common and is often abbreviated in writing as "NNN lease", but is still pronounced as "triple net lease".

reference

Full Form	Category
Triple Net	Accounts and Finance
Next Nearest Neighbor	Electronics
NANGUNERI	Indian Railway Station