comps

comps definition - business

comps

  1. In real estate, slang for comparable properties, that is, properties referenced when doing an appraisal that are similar to the subject property.
  2. In business, especially relating to casinos, slang for free goods or services. For example, a heavy gambler may receive a room and meals from a casino as comps.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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