Depreciated Cost
Calculated by subtracting the amount of depreciation claimed from the original cost of an asset.
Investopedia Says:
Also known as the adjusted basis.
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Calculated by subtracting the amount of depreciation claimed from the original cost of an asset.
Investopedia Says:
Also known as the adjusted basis.
Original cost of a fixed asset less accumulated Depreciation this is the net book value of the asset.
Same as Book Value or Adjusted Tax Basis.
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