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| Definition Of: |
MACRS Class Life
The specific tax cost recovery (depreciation) period for a class of assets as defined by (Modified Accelerated Cost Recovery System (MACRS.) Asset class lives (ADR midpoint lives) are used to determine an asset's MACRS classlife and- hence- its recovery period.
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Leasing Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 A: Page 1 of 4.
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