DEFINITION of 'Commercial Real Estate'. Property that is used solely for business purposes. Examples of commercial real estate include malls, office parks, restaurants, gas stations, convenience stores and office towers. Commercial real estate is one of the three primary types of real estate.
Initialism [edit]. NEC. 1  Not Elsewhere Classified, a phrase used in classification codes such as Standard Industrial Classification, International Standard Classification of Occupations, DSM-IV-TR, DSM-5, ICD-9, and ICD-10.2  National Exhibition Centre.3  National Executive Committee (of a political party). 4  Nippon Electric Company, Ltd. 5  National Electrical Code: its ...nitialism [edit]. NEC. 1  Not Elsewhere Classified, a phrase used in classification codes such as Standard Industrial Classification, International Standard Classification of Occupations, DSM-IV-TR, DSM-5, ICD-9, and ICD-10.
Codes defined as âNot Elsewhere Classifiableâ (NEC) may be selected when specific information is documented for the diagnosis, but there isnât an existing ICD-9-CM code to report it. In this case, the ICD-9-CM manualânot the documentationâlacks additional specificity.