fully depreciated

fully depreciated definition - finance
A fixed asset that has had all of its legally allowable depreciation charged against it. On a companyÂ’s balance sheet, a fully depreciated asset may be listed at a minimal resale value even though it may have a value greater than what is listed.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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