Normalwear and Tear
Barron's Business Dictionary:
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Normalwear and Tear
Physical depreciation arising from age and ordinary use of a property.
See also useful life.
See also useful life.
| Normal Retirement Age, Normal Profit, Normal Price | |
| Normative Economics, North American Free Trade Agreement (NAFTA), North American Industry Classification (NAICS) System |
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Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
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