locationlo·ca·tion /ləʊˈkeɪʃənloʊ-/ noun1[countableC, uncountableU]PROPERTY the place where a building is, especially when this affects its value, how much rent can be charged for it etcAll the stores are in good locations.
There are three important factors in real estate: location, location and location.
2[uncountableU] the starting of a business or company in a particular placeMany local residents are opposed to the location of a fast-food restaurant in the high street.