Outrageously Funny Word Dictionary :: Nondepreciative

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What is the definition of nondepreciatively? 🙋

👉 The term "nondepreciatively" in the context of accounting refers to a situation where an asset is valued at its historical cost, but there are no changes or losses that have occurred since it was originally purchased. This means that the value of the asset has not changed over time, and therefore, it can be depreciated using the straight-line method without considering any future depreciation. Nondepreciatively refers to a situation where an asset is valued at its historical cost but there are no changes or


nondepreciatively

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What is the definition of nondepreciative? 🙋

👉 Non-depreciative refers to an asset that has a fixed value, or "non-depreciable," and is not expected to depreciate over time. This means that the value of the asset will remain constant regardless of changes in the underlying market conditions. Non-depreciative assets are often used as investment vehicles or collateral for loans, as they offer a high level of liquidity but may be less predictable than other types of assets.


nondepreciative

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