Examlex
Information given in the notes preceding a subsection is also contained in the section Guidelines.
Original Value
The initial monetary worth of an asset or investment at the time of its purchase or acquisition.
Tangible Assets
Physical and measurable assets owned by a business, such as machinery, buildings, and inventory, as opposed to intangible assets like patents or copyrights.
Inventory
The total amount of goods and materials held by a company in stock, awaiting sale or use in production.
Equipment
Tangible assets used in the operation of a business, excluding inventory and fixed assets like buildings; includes machinery, vehicles, and furniture.
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