Outrageously Funny Word Dictionary :: Dematerialization

👉 Dematerialization is a concept in the field of economics, particularly in the context of supply and demand curves. It refers to the process by which goods or services are transformed from raw materials to finished products, often through the use of technology or other means that do not involve tangible assets. In the case of dematerialized goods, this transformation does not involve any physical material such as a factory or warehouse, but rather involves the use of machines and other machinery. The process may occur through automation,

dematerialized

👉 Dematerialization refers to the process of converting or reducing an object's physical form into a digital representation. This can be achieved through various means, such as using software tools that allow users to manipulate and change the appearance of objects without physically altering them. The idea behind dematerialization is to make it easier for people to access and use information electronically, rather than requiring them to physically hold or touch the object in question. This can lead to increased efficiency and convenience when accessing information, as well as

dematerialize

👉 Dematerialization is a concept in modern accounting that refers to the process of converting non-financial assets and liabilities into money. This involves eliminating or reducing the materiality of these assets, such as inventory and accounts receivable, which are considered valuable when they represent the value of goods sold or services provided. In simpler terms, dematerialization is the act of removing items from an asset's ledger so that it can be transferred to its cash flow account. This process helps in reducing the value of

dematerialization