In accounting, encumbrance is a commitment to spend a certain amount of money for a particular purpose at a certain...
An economic depreciation that reflects an increase in the cash flows or capital return generated, or expected to be generated,...
In normal situations, economic depreciation implies a decrease in asset values (in this sense, it is better described as positive...
A type of depreciation that reflects the decline in an asset’s market value as a result of economic factors, such...