Term of Day
Uh oh! You're not
Term of Day
+ Create New Flashcard
Increase in the
which is in
of the asset's
, and is due to economic and other factors (such as
or inflation) and not due to additions or
made to it.
rank and cut
You Also Might Like...
Lease vs. Rent
When purchasing something is not quite possible (or desired) the option for many individuals and companies comes down to leasing or renting. While both have similarities, getting access to an asset for a limited period, there are significant ...
Capital Lease vs. Operating Lease
While leasing may seem like a relatively straight forward process, the accounting and tax treatment of leases can vary greatly depending on if a lease is considered to be capital or operating in nature. This article will help you understand the ...
Communism vs. Socialism
More often than not, in media and in conversation the concepts of Communism and Socialism are used interchangeably to refer to the essentially the same economic/political philosophy. In reality these are two different philosophies that while having ...
Macroeconomics vs. Microeconomics
Copy & paste this HTML in your website to link to this page
Popular 'Accounting & Auditing' Terms
letter of credit (L/C)
Mentioned in These Terms
capital appreciation fund
stock appreciation right
shared appreciation mortgage (SAM)
Browse Dictionary by Letter: