Live-work Space

Definition

• A structure or dwelling in which the occupant lives and works. A loft is a popular type of live-work space.

Synonyms
home business, home based business, working from home, work at home

Related Terms and Acronyms

• Bedroom Community — Definition,
  • A suburb in which most residents commute to the city to work.
• Den — Definition,
  • An additional small room within a home often used as an office.
• Gross Living Area (GLA) — Acronym, Important,
  • The gross above ground, finished living area in a property.
  ➥ Above ground total floor area of a home excluding porches and balconies.
• Home Office (HO) — Acronym,
  • A part of your home or other structure on your property for which you qualify to take a deduction for its business use.
  ➥ Many mortgage and insurance brokers do work from home and utilize a home office.
• Study — Definition,
  • A room used for reading or work