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In insurance claims, a total loss or write-off is a situation where the lost value, repair cost or salvage cost of a damaged property exceeds its insured value, and simply replacing the old property with a new equivalent is more cost-effective. [1] [2] Such a loss may be an "actual total loss" or a "constructive total loss".
Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When a property is sold, the taxpayer pays/(saves) taxes on a capital gain /(loss) that equals the amount realized on the sale minus the sold property's basis.
In 2007, Caterpillar developed the C13 and C15 Acert engines which used VVT technology to reduce NOx emissions, to avoid the use of EGR after 2002 EPA requirements. [16] [17] In 2010, Mitsubishi developed and started mass production of its 4N13 1.8 L DOHC I4, the world's first passenger car diesel engine that features a variable valve timing ...
The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [ 1 ] In the insurance industry, "replacement cost" or " replacement cost value " is one of several methods of determining the value of an insured item.
A tractor being mechanically repaired in Werneuchen, 1966 Field repair of aircraft engine (1915–1916). The technical meaning of maintenance involves functional checks, servicing, repairing or replacing of necessary devices, equipment, machinery, building infrastructure and supporting utilities in industrial, business, and residential installations.
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A number of subcompact car manufacturers prefer solid valve lifters due to lower design and production cost rather than hydraulic tappets. Generally, hydraulic tappets are more sensitive to engine oil quality and frequency of oil changes, as carbon sludge and residues may easily lock up the tappets or block oil channels, making the clearance ...
Alex Jones’ control of Infowars has lived on another day, although the long-term future of the site, known for peddling conspiracy theories, has been thrown into doubt after a bankruptcy judge ...