What is PRE-DEPRECIATION PROFIT?

Profit gained before depreciation is levied on the account.

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Related Legal Terms
SPLIT DEPRECIATION, ACCELERATED DEPRECIATION, DECLINING BALANCE DEPRECIATION, UNITS-OF-OUTPUT DEPRECIATION, NET UNDERWRITING PROFIT, GENERAL DEPRECIATION SYSTEM (GDS), UNDERWRITING PROFIT OR LOSS, BOOK DEPRECIATION, COMPOSITE DEPRECIATION, APPRAISAL METHOD OF DEPRECIATION


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