ACCUMULATED DEPRECIATION Definition

ACCUMULATED DEPRECIATION is the cumulative charges against the fixed assets of a company for wear and tear or obsolescence.

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BRETTON WOODS is the site in New Hampshire, U.S., of an international conference in 1944 which resulted in the establishment of the World Bank and the International Monetary Fund.

COST OF MONEY is a form of indirect cost incurred by investing capital in facilities employed on government contracts.

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