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Swedish to English translations [PRO] Bus/Financial - Accounting / Accounting | | Swedish term or phrase: inkurans | | Notes to annual statement: "Varulagret värderas till det ägsta av anskaffningsvärde och verkligt värde efter avdrag för individuell bedömd inkurans. |
| Lexi-techKudoZ activityQuestions: 54 ( 2 open) ( 3 without valid answers) Answers: 33
| | Local time: 22:11
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| | obsolescence | Explanation: Greetings,
Nikolaus
-------------------------------------------------- Note added at 2002-11-29 19:31:07 (GMT) --------------------------------------------------
\"There are three general types of depreciation which may cause property to suffer a loss in value:
physical deterioration; functional obsolescence; and external obsolescence.
Physical deterioration is a loss of a property\'s value due to ordinary wear and tear with subsequent deferred maintenance. This physical influence causes a property to be less desirable and less useful when compared to other properties. Examples include old paint, broken windows and leaking roofs.
Functional obsolescence is a loss of a property\'s value due to certain inadequacies, such as old wooden storms and screens, small bedrooms and just one bath, or even to over improving compared to other properties in the general area. It may also result from changes in needs, tastes and attitudes which helps contribute to a diminished usefulness.
External obsolescence is a loss of a property\'s value due to outside forces beyond the control of a property owner, unlike physical and functional forms of depreciation. There are two types: locational and economic.\" |
| Selected response from: Elisabeth Ghysels Local time: 05:11
| Grading comment | 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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12 mins confidence: peer agreement (net): +4 obsolescence
Explanation: Greetings,
Nikolaus
-------------------------------------------------- Note added at 2002-11-29 19:31:07 (GMT) --------------------------------------------------
\"There are three general types of depreciation which may cause property to suffer a loss in value:
physical deterioration; functional obsolescence; and external obsolescence.
Physical deterioration is a loss of a property\'s value due to ordinary wear and tear with subsequent deferred maintenance. This physical influence causes a property to be less desirable and less useful when compared to other properties. Examples include old paint, broken windows and leaking roofs.
Functional obsolescence is a loss of a property\'s value due to certain inadequacies, such as old wooden storms and screens, small bedrooms and just one bath, or even to over improving compared to other properties in the general area. It may also result from changes in needs, tastes and attitudes which helps contribute to a diminished usefulness.
External obsolescence is a loss of a property\'s value due to outside forces beyond the control of a property owner, unlike physical and functional forms of depreciation. There are two types: locational and economic.\"
Reference: http://co.pinal.az.us/Assessor/Land/approach1.asp Reference: http://rhol.org/rental/value.htm
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