ASSESSED VALUE Definition

Bookmark and Share

ASSESSED VALUE is the estimated value of property used for tax purposes.

Learn new Accounting Terms

DEFERRED ASSET is an amount owed to an entity that is not expected to be received by that entity within one year from the date of the balance sheet.

COST ELEMENT, in cost accounting, is the lowest level component of a resource activity, or cost object.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.