Examlex
Scale-out is a horizontal expansion architecture that addresses the needs and challenges caused by rapid data growth and complex data changes. The scale-out architecture features distributed processing, online expansion, data sharing, and clustering.
Accumulated Depreciation
The cumulative depreciation of an asset up to a single point in its life, reflecting the decrease in value due to wear and tear, age, or obsolescence.
Consolidated Financial Statements
Financial statements that represent the aggregation of a parent company and its subsidiaries, presenting the financial position and results of operations as if the group were a single entity.
Consolidated Statement
A financial statement that aggregates the financial positions of a parent company and its subsidiaries.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear, and tear over time.
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