Examlex
The belief that working hard translates into becoming successful is called which of these?
Depreciation
The method of allocating the cost of a tangible asset over its useful life, reflecting wear and tear, decay, or obsolescence.
Mortgage Interest
The interest charged on a loan used to purchase a property, which is often tax-deductible up to certain limits for the buyer's primary residence.
Insurance
A financial product that provides protection against financial losses from specific risks, such as accidents, theft, or illness.
Repairs
Expenditures to restore property or equipment to its previous operating condition without materially adding to its value.
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