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Amortizable amount
The cost of a finite-life intangible asset less its residual value.
Amortization
The systematic allocation of the amortizable cost of a finite-life intangible asset over its legal or useful life.
Asset retirement costs
Amount added to the cost of a long-lived asset for dismantling, removal, or restoration obligations.
Asset turnover
Measure of how efficiently a company uses total assets to generate sales.
Capital expenditures
Expenditures benefiting future periods, recorded as long-lived assets.
Capital lease
Long-term agreement allowing one party to use an asset as a purchase.
Copyright
Exclusive right to reproduce and sell an artistic or published work.
Cost model
Accounting model carrying an asset at cost less accumulated depreciation or amortization.
Depletion
Depreciation of natural resources.
Depreciable amount
Cost of a depreciable asset less its residual value.
Development costs
Expenditures related to applying research to a new product or process.
Diminishing-balance method
Depreciation method with decreasing periodic expense.
Franchise
Contractual arrangement granting rights to sell products or services.
Impairment loss
Amount by which an asset's carrying amount exceeds its fair value.
Licenses
Operating right to use an asset granted by a government agency.
Operating expenditures
Expenditures benefiting only the current period, immediately expensed.
Operating lease
Lease arrangement accounted for as a rental.
Patent
Exclusive right to control an invention for 20 years.
Research expenses
Expenditures on original planned investigations expensed.
Residual value
Estimate of the amount obtained from an asset's disposal.
Return on assets
Measure of net income generated by each dollar invested in assets.
Revaluation model
Accounting model carrying an asset at fair value less accumulated depreciation.
Right-of-use asset
Leased asset recorded as property, plant, and equipment.
Straight-line method
Depreciation method dividing depreciable amount by useful life.
Trademark (trade name)
Word, phrase, symbol distinguishing a business or product.
Units-of-production method
Depreciation method based on total units of production or use.
Note 
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