Increasing And Diminishing Returns: The addition of more improvements to land and structures which increases value only to the assets maximum value. Beyond that point, additional improvements no longer affect a propertys value. As long as money spent on improvements produces an increase in income or value, the law of increasing returns applies. At the point where additional improvements do not increase income or value, the law of diminishing returns applies.

 

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Increasing And Diminishing Returns: The addition of more improvements to land and structures which increases value only to the assets maximum value. Beyond that point, additional improvements no longer affect a propertys value . . . View Full Definition

Propaganda: In its original use, the term referred to a committee of cardinals the Roman Catholic church founded in 1622 (the Congregatio de propaganda fide). This group established specific educational . . . View Full Definition

Profit and Loss Statement (P and L): Another term for the income statement.

Property Plant And Equipment: Tangible, long-lived assets acquired for use in business operations: includes land, buildings, machinery, equipment, and furniture.