Examlex
Why do some argue that Canada needs Senate reform? What are some of the proposed changes?
Useful Life
The estimated time period that an asset is expected to be usable for its intended purpose, affecting its depreciation calculation.
Patent Rights
This is the legal protection granted to an inventor or assignee offering exclusive rights to use and profit from an invention for a certain period.
Amortization
The process of gradually writing off the initial cost of an intangible asset over a period of time.
Legal Life
The duration for which a legal entity, patent, copyright, or other legal protection is valid or enforceable.
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