Examlex
A wireless WAN (WWAN) is a wide area network that uses radio signals to transmit and receive data.
Ordinary Repairs
Expenses for routine maintenance and repairs that maintain the efficient operation of an asset but do not materially extend its life or increase its value.
Hydraulic Lift
A system that uses a fluid-driven mechanism to lift or move objects, often utilized in various machinery and equipment.
Appraised Value
The estimated monetary value of an asset determined by a qualified appraiser based on its condition and market trends.
Par Value
A nominal or face value assigned to a share of stock, often used in accounting to represent the minimum price at which shares can be issued.
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