Examlex
Services are more tangible, more customized, and more storable than products.
General Fund
A main operating fund in governmental accounting, covering most basic services and activities.
Direct Increase
An increase in the value or quantity of an asset or account directly due to additional investments or improvements, rather than through earnings.
Capital Assets
Long-term assets acquired for use in business operations, expected to be used or held for more than one financial period.
Capitalized
Costs that are recognized as part of an asset on the balance sheet rather than being expensed, often related to the acquisition or construction of a long-term asset.
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