Examlex
Equipment and patents are known as intangible assets.
Remodeling
The process of making improvements or alterations to a building's structure or design, often to update or increase its value.
Excavation Costs
Expenses associated with the removal of earth to make way for construction or mining operations.
Wasting Assets
Wasting assets are assets that have a limited lifespan and thus decrease in value over time, such as natural resources.
Leasehold Improvements
Leasehold improvements refer to alterations made to rental premises in order to customize it for the needs of a tenant.
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