An SRO can refer to different things depending on the context. Here are some possible meanings:
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Single Room Occupancy: This is a form of housing that is typically aimed at residents with low or minimal incomes, or single adults who prefer a minimalist lifestyle. In an SRO, tenants rent small, furnished single rooms with a bed, chair, and sometimes a small desk. SROs are a form of affordable housing, in some cases for formerly or otherwise homeless individuals. SRO units are the least expensive form of non-subsidized rental housing, with median rents even in New York City ranging from $450 to $705 per month in 2013.
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Self-Regulatory Organization: This is an entity such as a non-governmental organization that has the power to create and enforce stand-alone industry and professional regulations and standards on its own. In the case of financial SROs, such as a stock exchange, the priority is to protect investors by establishing rules, regulations, and set standards of procedures that promote ethics, equality, and professionalism. Examples of SROs include stock exchanges, accounting firms, and investment banks.
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School Resource Officer: This is a sworn law-enforcement officer with arrest powers who works, either full or part-time, in a school setting. The main difference separating an SRO from other police officers is that, in theory, they have had some special training on how to work with youths. SROs are responsible for maintaining safety and security on school grounds, but their role can vary depending on the district and the specific school.
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Single-Room Only: This is a term used in the hotel industry to describe a room that has only one bed and is intended for one person. It is also sometimes used to describe a hotel that only offers single rooms.
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Single-Room Option: This is a term used in the travel industry to describe a hotel room that has only one bed and is intended for one person. It is also sometimes used to describe a hotel that offers both single and double rooms.
It is important to note that the meaning of SRO can vary depending on the context, and it is always best to clarify the specific meaning in a given situation.
