Examlex
Every female prison provides a nursery where babies up to 18 months old can live with their mothers in prison.
Accumulated Depreciation
The total amount of a tangible asset's cost that has been allocated as depreciation expense since the asset was put into use.
Salvage Value
The calculated residual valuation of an asset at the end of its service life.
Insurance Claim
A formal request by a policyholder to an insurance company for coverage or compensation for a covered loss or policy event.
Trade-In Allowance
The amount credited to the buyer when they exchange an asset towards the purchase of a new asset.
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