Examlex
All brake fluids are hygroscopic-that is, they readily absorb water.
Tax Return
A form or forms filed with a government body reporting income, expenses, and other pertinent tax information, used to calculate tax liability.
Financial Statements
Formal records of the financial activities and condition of a business, person, or other entity, typically including a balance sheet, income statement, and cash flow statement.
Plant Assets
Long-term tangible assets used in the operation of a business and not expected to be consumed or converted into cash in the short term.
Depreciated
The decrease in the value of an asset over time due to wear and tear, age, or obsolescence, typically accounted for on financial statements through depreciation expense.
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