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A measure of area, especially of land. The area of an acre is not standardized; an American acre is slightly larger than an international acre. It is roughly 4,840 square yards. Historically, an acre is said to be an approximation of the land a single ox could plough in a day. It is often used in real estate transactions.
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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

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
The encroachment is highest in Uttar Pradesh where 2204.836 acres of defence land has been encroached upon, Minister of State for Defence Shripad Naik informed the Upper House in a written reply to the question of AAP MP Sushil Kumar Gupta.
155 located near the Malir Halt, measuring 12.1 acres, is currently under the use of the Sindh Rangers, who also possess a 10-acre plot of land, bearing the title KTC Mehran Depot, in Model Colony.
For instance, Proclamation 14 of 1933 allocated four acres to Saint Francis Church, documents in the Star's possession show.
4 Deh Bhutti 9-12 Three years Rs.5,000/ - per acre per annum -do-
A fifth parcel, at Dulas, fetched PS65,000 for 10 acres (PS6,500/acre).
Arkansas farmers harvested 855,000 acres of corn this year despite a wet spring that delayed planting.
In 2007, for example, the city bought 49 acres for $21,983 an acre, and the next year, the city acquired 20 acres for $17,500 an acre, the figures show.
Use the above data to show the number of wildfires, along with the number of acres burned, between 2001 and 2005.
Affiliates of BPG have retained ownership of 10 acres of the 68 acre site that was originally acquired from Fleming Foods.
Between 80 to 100 pigs are processed each day at the Heritage Acre's plant in Mountain View, Mo.