Examlex
At what point are you responsible for following the terms in a software license agreement?
Depreciation
A method of allocating the cost of a tangible asset over its useful life.
Total Depreciation Expense
The cumulative amount of an asset's cost that has been allocated as expense due to wear and tear over its useful life.
Land Improvements
Enhancements to a plot of land such as landscaping, parking lots, and underground utilities that increase the property's value.
Market Value
The current price at which an asset or service can be bought or sold in a competitive marketplace.
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