Nev. Admin. Code § 361.242 — 361.242

NAC 361.242    “Capitalization rate” defined. ( NRS
360.090 , 361.320 )    “Capitalization rate”
means a factor, used as a divisor, which converts an income stream into an
indicated value. If the income stream is expected to be of limited duration, a
recapture component may be included in the capitalization rate.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]