Accelerated Cost Recovery System (ACRS) What is 'Accelerated Cost Recovery System - ACRS' A system of depreciation introduced by the Economic Recovery Tax Act of 1981. ACRS depreciation is

Real Asset What is a 'Real Asset' Real assets are physical assets that have value due to their substance and properties. Real assets include precious metals, commodities, real estate, agri

DefinitionA sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point

DefinitionFixed assets, also known as tangible assets or property, plant and equipment, is a term used in accounting for assets and property that cannot easily be converted into cash. This c

DefinitionTangible property in law is, literally, anything which can be touched, and includes both real property and personal property, and stands in distinction to intangible property. Tang

Tangible Personal Property What is 'Tangible Personal Property' Tangible personal property is a tax term describing personal property that can be physically relocated, such as furniture an

DefinitionTangible common equity is the subset of shareholders' equity that is not preferred equity and not intangible assets. Tangible Common Equity - TCE What is 'Tangible Common Equity -

Tangible Book Value Per Share (TBVPS) What is a 'Tangible Book Value Per Share - TBVPS' A tangible book value per share (TBVPS) is a method of valuing a company on a per-share basis by mea

Accelerated Amortization What is 'Accelerated Amortization' Extra payments made towards paying down a mortgage principal. With accelerated amortization, the loan borrower is allowed to add

Tangible Net Worth What is 'Tangible Net Worth' Tangible net worth is most commonly a calculation of the net worth of a company that excludes any value derived from intangible assets such