Examlex
________ are used to create and maintain the database as well as provide information to users.
Salvage Value
The estimated residual value of an asset at the end of its useful life, often considered for depreciation calculations.
Useful Life
The estimated duration a fixed asset is expected to be economically usable, with normal repairs and maintenance, for it to generate revenue.
Leasehold Improvements
Enhancements made to rental premises by a tenant, such as additions or renovations, which typically revert to the landlord upon lease termination.
Leased Office Space
A property arrangement where a company rents a space for its business operations for a specified period of time.
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