Examlex
An inventory of controlled substances must be taken in a physician's office every 5 years.
Intangible Asset
Non-physical assets owned by a business, such as patents, trademarks, and copyrights, that have economic value.
Finite Life
A term used to describe assets or investments that have a fixed period of utilization or return, after which they cease to produce value.
Amortised
The process of gradually writing off the initial cost of an asset over its useful life.
Internally Generated
Refers to assets or values created within a company through its own processes and activities, rather than acquired externally.
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