Absolute Physical Life
Absolute Physical Life is the period of use after which an asset has deteriorated to such an extent that it can no longer be used.
Category: Banking & Finance
Previous: ← Ability to pay
Next: Absolute priority →
More from this Section
- General aggregate limit
General aggregate limit is in the commercial general liability policy, it is the maximum ... - Clearing balances
Clearing balances is the deposits held with the Federal Reserve banks by depository institutions ... - Directors and officer liability (D&O) insurance
Directors and officer liability (D&O) insurance is a commercial liability coverage that ... - Inflation
Inflation is a percentage rate of change in the price level. ... - Project loans
Project loans is the credit designed to finance the construction of fixed assets associated ...