Examlex
A research protocol is:
Amortization
The process of spreading out a loan or an intangible asset's cost over its useful life.
Useful Life
The estimated period over which an asset is expected to be usable, providing economic benefits to its owner.
Straight-Line Method
A depreciation technique where an asset's cost is evenly spread over its useful life, resulting in a consistent annual expense.
Partial-Year Depreciation
Partial-year depreciation is the calculation of depreciation expenses for assets used in part of a year, usually during the first year of purchase or the last year before disposal.
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