For example, if your company spends $18,000 on the new vehicle, the company would be required to recognize $2,000 of âgain,â the difference between the insurance recovery and the cost of the replacement vehicle. That is a savings of $3,000 in taxable income.
Definition of RAREFACTION. 1. : the action or process of rarefying. 2. : the quality or state of being rarefied. 3. : a state or region of minimum pressure in a medium traversed by compressional waves (as sound waves). â rarÂ·eÂ·facÂ·tionÂ·al \-shnÉl, -shÉ-nÉl\ adjective. See rarefaction defined for kids. ADVERTISEMENT.
How to pronounce degradation in British English. (English pronunciations of degradation from the Cambridge Advanced Learners Dictionary & Thesaurus and from the Cambridge Academic Content Dictionary, both sources Â© Cambridge University Press).he answer may seem obvious, but the use of this word can lead to confusion. In the UK and Ireland the word traditionally meant the number 1,000,000,000,000 (a million millions), which is called a trillion in the United States.