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Accumulated Depreciation
The total amount of depreciation expense recorded for an asset, reducing its book value over time.
Equipment Costing
The process of tracking and analyzing the costs associated with the purchase and maintenance of equipment.
Cash Equivalent
Short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.
Maturity Date
The specified date on which the principal amount of a bond or other financial instrument is due to be repaid.
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