Home > Glossary > Wear And Tear
Meaning / Definition of
Wear And Tear
Categories: Accounting,
the deterioration of a tangible fixed asset as a result of normal use. This is recognized for accounting purposes by depreciation.
Most popular terms
1. Money Supply2. Fixed Annuity
3. Beta
4. Contractors All Risks (CAR) Insurance
5. Fall
6. Building Ordinance Coverage
7. Return
8. Mortgage (mortgagee) Clause
9. Manufacturers Output Policy (MOP)
10. Sublimit
Search a term
Browse by alphabet
| A | B | C | D | E | F | G |
| H | I | J | K | L | M | N |
| O | P | Q | R | S | T | U |
| V | W | X | Y | Z | # |
Browse by category
AccountingBanking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital