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  2. Costs in English law - Wikipedia

    en.wikipedia.org/wiki/Costs_in_English_law

    The German costs rule, which allows for fixed recoverable costs, avoids this unfortunate consequence of full-fees recovery. [ citation needed ] The difference between the English and American rules has been the subject of considerable academic discussion, including attempts to try and build economic models to determine the effect of the rules ...

  3. Recoverable expense - Wikipedia

    en.wikipedia.org/wiki/Recoverable_expense

    Recoverable expense. In commercial real estate, recoverable expenses are those expenses of running a property that are billed back to the tenants as a form of additional rent. A simple example is the electricity bill for a large complex that is then divided up among the tenants. Water, natural gas, cleaning and other operating expenses are ...

  4. Impairment (financial reporting) - Wikipedia

    en.wikipedia.org/wiki/Impairment_(financial...

    Impairment (financial reporting) Impairment of assets is the diminishing in quality, strength, amount, or value of an asset. An impairment cost must be included under expenses when the book value of an asset exceeds the recoverable amount. Fixed assets, commonly known as PPE (Property, Plant & Equipment), refers to long-lived assets such as ...

  5. Recoverable depreciation in home insurance: what it is and ...

    www.aol.com/finance/recoverable-depreciation...

    Incident. Amount. Fridge value at the time of purchase in 2018 (i.e., its replacement cost) $1,500. Useful life. 14 years. Depreciation per year. $107 ($1,500 ÷ 14)

  6. Revaluation of fixed assets - Wikipedia

    en.wikipedia.org/wiki/Revaluation_of_fixed_assets

    In finance, a revaluation of fixed assets is an action that may be required to accurately describe the true value of the capital goods a business owns. [1] This should be distinguished from planned depreciation, where the recorded decline in the value of an asset is tied to its age. Fixed assets are held by an enterprise for the purpose of ...

  7. Operating expense - Wikipedia

    en.wikipedia.org/wiki/Operating_expense

    Accounting. An operating expense (opex) [a] is an ongoing cost for running a product, business, or system. [1] Its counterpart, a capital expenditure (capex), is the cost of developing or providing non-consumable parts for the product or system. For example, the purchase of a photocopier involves capex, and the annual paper, toner, power and ...

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