Examlex
Most firms do not use just one of the pure aggregate planning strategies.
Intangible Asset
An asset that is not physical in nature, such as patents, copyrights, trademarks, and goodwill.
Depreciation Expense
An accounting method of allocating the cost of a tangible asset over its useful life to represent how much of the asset's value has been used.
Estimated Useful Life
The expected period over which an asset is anticipated to be used by a business.
Leasehold
An interest in an asset that gives the holder the right to use it for a specified period of time, typically relating to property or land.
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