asset depreciation range

noun

: a range of useful lives assigned to types of property under the Internal Revenue Code for purposes of depreciation

Dictionary Entries Near asset depreciation range

Cite this Entry

“Asset depreciation range.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/asset%20depreciation%20range. Accessed 18 May. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!