Land

Land

Land includes the ground and everything attached to it. It also includes everything above and below the surface. Thus, a tract of land actually is an inverted pyramid beginning from the centre of the earth and passing through the boundary lines at the surface of the earth and extending upwards.

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Part of Speech: noun
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Industry/Domain: Financial services
Category: Real estate investment
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land

Internet; Internet communication

A land is the smooth part of the underside of a CD-ROM. When the laser from a CD drive passes over a land, more light is reflected back to the photo cell than when the laser ...

land

Machine tools; Bearings

Commonly called the O. D. Of the inner and the I. D. Of the outer.

land

Financial services; Real estate investment

Land includes the ground and everything attached to it. It also includes everything above and below the surface. Thus, a tract of land actually is an inverted pyramid beginning ...

land

Economy; Economics

One of the factors of production, along with labor, capital and enterprise. Pending colonization of the moon, it is in fairly fixed supply. Marginal increases are possible by ...

landing

Forest products; Forest engineering & harvesting

Cleared area in the woods to which logs are yarded for loading onto trucks for shipment to a processing plant. Also known as brow, deck, dock, or ramp.

landings

Fishing; Marine fishery

1. The number or poundage of fish unloaded by commercial fishermen or brought to shore by recreational fishermen for personal use. Landings are reported at the locations at ...

accelerated cost recovery system (ACRS)

Financial services; Real estate investment

Before 1981, assets used for the production of income were depreciable if they were subject to wear and tear or decline due to natural causes or obsolescence. Assets that did not ...

accelerated depreciation

Financial services; Real estate investment

Accelerated depreciation is a method of depreciation in which larger deductions are taken earlier in the life of the asset than with the straight-line method. Examples include the ...

account

Financial services; Real estate investment

An account is a written record of a business transaction expressed in money and kept in a ledger.

accounting principles

Financial services; Real estate investment

Accounting principles refer to an accounting doctrine that explains current practices and is a guide for the selection of accounting conventions or procedures when alternatives ...

accrued depreciation

Financial services; Real estate investment

Accrued depreciation is the difference between the cost of replacing new property and the present market value of the property.

active income

Financial services; Real estate investment

Active income is all taxable income of a taxpayer except income from a passive activity and portfolio income. Passive activity is something in which the taxpayer does not actively ...

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