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Asset Improvements
Enhancements or modifications to an asset that increase its value or extend its useful life, often capitalized and depreciated over time.
Extraordinary Repairs
Expensive and infrequent repairs that significantly extend the life of an asset beyond its original estimate.
Copyright
Copyright is a legal right granted by law to creators and publishers to control the use of their original works, preventing unauthorized reproduction, distribution, or adaptation.
Patent
A form of intellectual property protection that grants the patent holder exclusive rights to make, use, sell, and distribute an invention for a certain period.
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