Home > Term: depreciation, asset depreciation range (ADR)
depreciation, asset depreciation range (ADR)
A system of tax depreciation which enables a corporation to choose any life falling within 20% of the designated class life for determining its annual depreciation charge. ADR requires an annual election and all depreciation records must be maintained by vintage year.
- Part of Speech: noun
- Industry/Domain: Energy
- Category: Natural gas
- Company: AGA
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- JJD
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