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Fully depreciated |
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Fully depreciatedAn asset that has already been charged with the maximum amount of depreciation allowed by the IRS for accounting purposes.Fully depreciated Similar MatchesDepreciated costDepreciated costIn terms of economics: The measure of cost of capital consumption during production, e.g., machine and equipment wear. In terms of finance: The process of amortization of fixed assets (equipment) to spread the cost over the depreciable life of the assets. |
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