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ACRS
The financial definition for ACRS:
See: Accelerated cost recovery system
Similar MatchesAccelerated cost recovery system (ACRS)Accelerated cost recovery system (ACRS) Schedule of depreciation
rates allowed for tax purposes.
Modified Accelerated Cost Recovery System (MACRS)Modified Accelerated Cost Recovery System (MACRS) A 1986 act that set out rules for the depreciation of qualifying assets, allowing for greater acceleration over longer periods of time.
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