Overview

fixed asset

Return to overview »

Results | All related links for this item | 41-51 of 51 results for:


Refine by type

Refine by product

 

profit and loss account formats

Overview page. Subjects: Accounting.

The four formats given for profit and loss accounts by the Companies Act: vertical format, analysing costs by type of operation and function; vertical format, analysing costs by items of...

See overview in Oxford Index

rate of turnover

Overview page. Subjects: Financial Institutions and Services — Accounting.

The frequency, expressed in annual terms, with which some part of the assets of an organization is turned over (i.e. replaced by others of the same class). In order to calculate how...

See overview in Oxford Index

replacement cost

Overview page. Subjects: Financial Institutions and Services.

1 The cost of replacing an existing asset (cf. historical cost).

2 The loss incurred by having to replace a counterparty to a transaction (cf....

See overview in Oxford Index

replacement cycle

Overview page. Subjects: Economics.

The period over which a product or fixed asset will need to be replaced due to obsolescence.

See overview in Oxford Index

revaluation method

Overview page. Subjects: Accounting.

A method of determining the depreciation charge on a fixed asset against profits for an accounting period. The asset to be depreciated is revalued each year; the fall in the value is the...

See overview in Oxford Index

straight-line method

Overview page. Subjects: Economics — Business and Management.

A method of calculating the amount by which a fixed asset is to be depreciated in an accounting period, in which the depreciation to be charged against income is based on the original cost...

See overview in Oxford Index

sum-of-the-digits method

Overview page. Subjects: Accounting.

A method of calculating the amount by which a fixed asset is depreciated in an accounting period. The estimated life is expressed in years, and the digits for each year of its life are...

See overview in Oxford Index

tangible assets

Overview page. Subjects: Economics.

Assets that can be physically touched. This should literally include only physical objects like plant and equipment, but it is often also used to include leases and company shares, as these...

See overview in Oxford Index

unamortized cost

Overview page. Subjects: Financial Institutions and Services — Accounting.

1 The historical cost of a fixed asset less the total depreciation shown against that asset up to a specified date.

2 The value given to a fixed asset in...

See overview in Oxford Index

utility

Overview page. Subjects: History of the Americas.

1 A business involved in manufacturing, distribution, and/or retailing basic services or products such as gas, electricity, water, sewerage, telephone, and so forth. They...

See overview in Oxford Index

wear and tear

Overview page. Subjects: Business and Management.

A diminution in the value to an organization of a fixed asset due to the use and damage that it inevitably sustains throughout its working life. It is one of the causes of depreciation.

null...

See overview in Oxford Index