It stands for 'Modified Accelerated Cost Recovery System'. Act of 1986 which establish rules for the depreciation of assets, which allows a greater acceleration over long periods of qualifying time. In return, firms receive a larger tax-break in earlier years, as it is depreciated faster.
17:33, 11 November 2013
Theory developed by Harry Browne in the 1980s, the theory ...
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A financial term used in the derivatives market. A put ...
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