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Van
A type of vehicle designed for transporting goods or people, characterized by its large cargo or passenger area and commonly used for commercial, logistical, or personal use.
Loss
The negative financial result from a business's operations where expenses exceed revenues.
Fully Depreciated
An asset has reached the end of its useful accounting life, and its book value is reduced to salvage or residual value.
Plant Asset
Long-term tangible assets that are used in the operation of a business and not expected to be converted to cash in the short term.
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