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Currently the Fed targets
Benefit Period
The duration during which benefits, such as those from an insurance policy or investment, are paid out.
Depreciation Expense
The distribution of a physical asset's expense over its lifespan, mirroring its decrease in worth as time progresses.
Estimated Depreciation
A projected amount of depreciation expense for an asset, reflecting its anticipated decline in value over a specified period due to wear and tear or obsolescence.
Accumulated Depreciation
The cumulative depreciation of an asset up to a single point in its life, reflecting the amount of value it has lost over time.
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