Examlex
Two isotopes of an element differ in their
Residual Value
The anticipated amount that an asset is expected to generate when it is sold at the conclusion of its useful lifespan.
Intangible Asset
An asset that is not physical in nature, such as patents, trademarks, and copyrights, having value due to its potential to generate economic benefits.
Natural Resource
Assets derived from the earth, such as minerals, forests, and water, which are used to produce goods and services.
Depletion Expense
The allocation of the cost of natural resources over their useful life, representing the exhaustion of mineral, oil, or gas deposits.
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