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Reclamation
The process of restoring land that has been mined, logged, or used for industrial purposes back to its natural state or ensuring it is usable for a different purpose.
Accumulated Depreciation
The cumulative value of depreciation expense assigned to a physical asset from the time it was first utilized.
Major Class of Asset
Represents categories of assets grouped based on their similar financial characteristics, such as cash, inventory, property, etc.
Sum-Of-The-Years'-Digits
A method of depreciation that accelerates the write-off of assets by applying a decreasing fraction to the depreciable amount each year.
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