NON-EXPENDABLE PROPERTY Definition

Bookmark and Share

NON-EXPENDABLE PROPERTY is durable (e.g., equipment and furniture), lasting for a year or longer, and generally has a high dollar value. Non-expendable property must be accounted for throughout its useful life.

Learn new Accounting Terms

LBO see LEVERAGED BUY-OUT.

CPFF is Cost Plus Fixed Fee.

Suggest a Term

Enter Search Term

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