Fully depreciated

Definition:

An asset that has already been charged with the maximum amount of depreciation allowed by the IRS for accounting purposes.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

The Harmonized Commodity Description and Coding System

Commonly known as Harmonized System. It is a classification system devised by the Customs Cooperation Council to provide uniformity in tariff classification, trade statistics, and transport... Read More

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