Examlex
What does it mean if the oil has a metallic look when you open a gearbox?
Depreciated
The process of allocating the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.
Appraised Value
An estimation of the fair market value of an asset or property, typically determined by a professional appraiser.
Boot
Additional value or cash that balances the value of the assets being traded in a barter or exchange transaction.
Fair Market Value
Fair Market Value is the estimated price at which an asset would change hands between a willing buyer and seller, neither being under compulsion to buy or sell and both having reasonable knowledge of the relevant facts.
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