AFFO
abbreviation
\ ˌā-ˌef-ˌef-ˈō
, ˈa-(ˌ)fō\
, ˈa-(ˌ)fō\
Definition of AFFO
adjusted funds from operations
Adjusted funds from operations (AFFO) is used by analysts and investors to measure a real estate company's cash flow generated by operations.— Mark Gordon, The Complete Guide to Investing in REITs, 2008