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Long-Lived Assets
These are tangible or intangible assets that a company expects to use for more than one year, including property, plant, and equipment.
Economic Benefits
The gains derived from actions or decisions, typically measured in terms of revenue or income generated or costs saved.
Service Potential
The capacity or capability of an asset, especially a non-financial asset, to provide services or benefits over its useful life.
Capitalization of Interest
The process of adding accumulated interest to the principal balance of a loan, which then earns further interest.
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