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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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General INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 A: Page 1 of 37.
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