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Accelerated cost recovery system
A tax calculation that provides greater depreciation in the early years of ownership of real estate or personal property.
Related Terms
Adjusted cost basis
Septic system
Active solar system
Sanitary sewer
Cost-plus contract
Passive solar system
Accelerated depreciation
Cynic
Capital expenditure
Heat pump
Drainage
Book value
Percolation test
Knob-and-tube wiring
Inspection report
Needs-based pricing
Life-cycle cost analysis
Incurable defect
Annual Percentage Rate (APR)
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