Examlex
Virtualization is an important element in the drive toward eco-friendly information systems.
Estimated Life
The expected duration over which an asset is likely to be useful or productive in its intended operation, used for depreciation purposes.
Straight-Line Depreciation
A method of allocating an asset's cost evenly across its useful life, resulting in the same depreciation expense each year.
Depreciable Cost
The total cost of a tangible asset that can be depreciated over its useful life, excluding salvage value.
Depreciation Expense
Dividing the expense of a material asset throughout its service life.
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