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acre
(redirected from ACRED)

   Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
acre

Historically, the amount of land a yoke of oxen could plow in one day;today,a quantity of land containing 43,560 square feet.An acre can be any shape.Especially in the case of commercial properties,land values are usually expressed in terms of price per square foot rather then price per acre.

Example:  If you know that a 16-acre parcel recently sold for $10,000,000, you calculate the price per foot as follows:

16 acres      43,560 square feet per acre       696,960 square feet

$10,000,000     696,960 feet     $14.35 per square foot



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Control of the executive branch provided thousands of jobs to Democratic policy experts, while the White House itself acred as a centripetal force on the party's congressional caucus and disparate interest groups.
 
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