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Demographic
Useful Life
The estimated period that an asset is expected to be usable for the purpose it was acquired, important for calculating depreciation.
Asset Retirement Costs
Obligations and expenses associated with the removal and disposal of a long-term asset from service.
Expected Retirement Costs
Projected expenses related to retiring assets, such as decommissioning costs or asset disposals.
Disposal Costs
Expenses directly related to the removal or disposal of an asset, including environmental cleanup, dismantling, and legal fees.
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