Mortgages: A temporary, conditional pledge of property to a creditor as security for performance of an obligation or repayment of a debt. Accounts payable: Money which a company owes to vendors for products and services purchased on credit. Inventory: a quantity of goods in stocks. Real estate: Land or housing

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Dividend: A sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves).

Capital expenditures (CAPEX or capex) are expenditures creating future benefits. A capital expenditure is incurred when a business spends money either to buy fixed assets or to add to the value of an existing fixed asset with a useful life extending beyond the taxable year.

British Company

Salvage value is the estimated resale value of an asset at the end of its useful life. You subtract salvage value from the cost of a fixed asset to determine the amount of the asset cost that you will depreciate. Thus, salvage value is only used as a component of the depreciation calculation. For example, ABC Company buys an asset for $100,000, and estimates that its salvage value will be $10,000 in five years, when it plans to dispose of the asset. This means that ABC will depreciate $90,000 of the asset cost over five years, leaving $10,000 of the cost remaining at the end of that time. ABC expects to then sell the asset for $10,000, which will eliminate the asset from ABC's accounting records.