CAPITALIZED COSTS Definition

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CAPITALIZED COSTS are business expenses that are written off or deducted over a period of time through depreciation or amortization schedules.

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EARNING CAPACITY, LOSS OF 'Loss of earning capacity' means the difference between the worker's net average earnings before the incident, and the net average amount of wages the deciding body determines the worker is capable of earning after the incident.

SETTLEMENT DATE, in securities, is the date agreed upon by the parties to a transaction for the payment of funds and the delivery of securities.

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