Examlex
How is specific performance used as an equitable remedy for a nonbreaching party to a contract?
Business Computer
A computing device specifically designed, acquired, and used to meet the operational requirements of a business.
Double-Declining-Balance
A method of accelerated depreciation that doubles the straight-line depreciation rate, expensing more of the asset's cost closer to the beginning of its useful life.
Depreciation Expense
The allocated reduction in the value of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
Straight-Line Depreciation
A strategy for apportioning an asset’s price equally over the duration of its usability.
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