Examlex
Discuss the implication of laws regulating the separation of blacks and whites in the United States.
Depletion
The allocation of the cost of natural resources over their useful life, typically used in the mining, timber, petroleum, and similar industries.
Amortization
The process of gradually writing off the initial cost of an intangible asset over a period of time reflective of its useful life.
Depreciation
The distribution of a physical asset's cost across its lifespan, representing its diminishing value as time passes.
Accumulated Depreciation
Is the total depreciation of a company's fixed assets up to a specified time, reflecting how much of the asset's value has been used up.
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