Examlex
A(n) is a variable, usually a bool, that signals when a condition exists.
Extend Its Useful Life
The process of prolonging the period over which an asset can productively be used, often through maintenance or improvements.
Functional Depreciation
The decrease in the usefulness or value of an asset due to advancements in technology or changes in market demands, rather than physical wear and tear.
Fixed Asset
Long-term tangible assets that a company uses in its operations to generate income, such as buildings, machinery, and vehicles, which are not typically sold in the course of business.
Interest on Construction Loan
The interest that accrues on a loan taken out to finance the construction of a building or other project, traditionally capitalized and added to the project's cost base.
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