Difference between revisions of "Depreciating asset"

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* [[Residual value]]
* [[Residual value]]
* [[Useful life]]
* [[Useful life]]

Revision as of 08:49, 8 October 2013

1. UK Tax. An asset which has a life not exceeding 60 years.

2. Any asset whose value is normally expected to reduce with the passing of time.

See also