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Long-term assets
(redirected from Long-term asset)

   Also found in: Wikipedia 0.01 sec.
Long-term assets
Value of property, equipment, and other capital assets minus the depreciation. This is an entry in the bookkeeping records of a company. It is usually established on a "cost" basis, and thus does not necessarily reflect the market value of the assets.


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The town works to create a project that will maximize the tax benefit of the parcel, while the redeveloper focuses on creating a viable product that is a long-term asset.
As we continue to add profit centers and subsidiary companies and diversify our marketing and manufacturing activities, Richard Ferrone should be an immediate and long-term asset to our expanding growing global organization.
By choosing the accelerated auction method of sales, the seller can avoid the carrying costs associated with long-term asset management and maintenance, including taxes and marketing expenses.
 
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