penthouse
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Penthouse
A luxury apartment on the top floor of a high-rise building. Penthouses often take up multiple floors and are as large as or larger than some houses. Penthouses are very
expensive and are
marketed to the
wealthy.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
penthouse
Originally, a home built on the roof of a high-rise building, giving the occupant complete privacy. By definition, each building could have only one penthouse. Today, the word is used for any number of apartments or condos on the topmost floors of a building, usually finished out in a very luxurious manner.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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