Examlex
What kind of data is appropriate for a field containing street addresses?
Payback Period
The amount of time it takes for an investment to generate enough cash flow to recover the initial outlay.
Modified Accelerated Cost Recovery System (MACRS)
A tax depreciation system in the United States that allows the accelerated write-off of property under various categories and periods.
Accelerated Depreciation
A method of depreciation in which an asset loses book value at a faster rate than the traditional straight-line method.
Tax Purposes
The specific reasons or objectives behind the calculation or payment of taxes, often influencing financial decisions and reporting.
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