Examlex
Magnetic field lines about a current-carrying wire
Cost Base
The total amount of investment in an asset, used for tax purposes to determine capital gains or losses upon disposal.
Long-Lived Asset
Assets of a company that provide value for more than one fiscal year, such as buildings, machinery, and equipment.
Capitalized
The process of recording a cost as an asset, rather than an expense, enabling the cost to be expensed over the useful life of the asset rather than immediately at the time of purchase.
Architectural Fees
These are fees charged by architects for the design, planning, and oversight of a construction project.
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