GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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21:03 Feb 28, 2004 |
Italian to English translations [PRO] Social Sciences - Government / Politics / demographic policy | |||||||
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| Selected response from: David Russi United States Local time: 04:30 | ||||||
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Summary of answers provided | ||||
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4 +7 | amortization |
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4 +1 | depreciation |
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depreciation Explanation: depreciation -------------------------------------------------- Note added at 4 mins (2004-02-28 21:07:31 GMT) -------------------------------------------------- Depreciation The concept of depreciation is really pretty simple. For example, let’s say you purchase a truck for your business. The truck loses value the minute you drive it out of the dealership. The truck is considered an operational asset in running your business. Each year that you own the truck, it loses some value, until the truck finally stops running and has no value to the business. Measuring the loss in value of an asset is known as depreciation. Depreciation is considered an expense and is listed in an income statement under expenses. In addition to vehicles that may be used in your business, you can depreciate office furniture, office equipment, any buildings you own, and machinery you use to manufacture products. |
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amortization Explanation: From link below: Ammortamento (amortization). Espressione generica che indica la ripartizione nel tempo di un costo; ovvero, il rimborso di un prestito in un preciso arco temporale, attraverso pagamenti o versamenti in un fondo specifico. Reference: http://www.cfsrating.it/Glossario/glossario.htm |
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