NET PROPERTY, PLANT, and EQUIPMENT Definition

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NET PROPERTY, PLANT, and EQUIPMENT is the book value of all buildings, land, furniture, and other physical capital assets that a business has purchased to run its business net of accumulated depreciation.

 

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SERVICE CHARGE is an additional charge for a service for which there is already a basic fee; also called service fee.

LIBOR see LONDON INTERBANK OFFERED RATE.

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