Examlex
How does the space between our fingers arise?
Long-term
Long-term refers to holding or involving a period of time that is significantly longer than average, often used in the context of investments, debts, and assets.
Accumulated Depreciation
The total depreciation for a fixed asset that has been charged to expense since the asset was acquired.
Gain on Sale
The income generated when an asset is sold at a value higher than its original cost or book value.
Machinery
Heavy and complex machines or equipment used in various industries for manufacturing, construction, or specific tasks requiring mechanical force.
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