Examlex
A business segment is a part of a company that is separately identified by its products or services, or by the geographic market it serves.
Salvage Value
The projected remaining value of an asset when it reaches the end of its operational lifespan.
Residual Value
The estimated value of an asset at the end of its useful life.
Double Declining-balance
An accelerated method of depreciation where the book value of an asset is reduced at double the rate of its straight-line depreciation each year.
Depreciation Expense
An accounting method that allocates the cost of a tangible asset over its useful life, reflecting the use and wear and tear of the asset.
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