normal wear and tear

См. также в других словарях:

• Normal Wear-And-Tear — The inevitable physical decline of the condition of a property from time and usage. Normal wear and tear increases over the useful life of any property or asset. It results from normal usage by its occupants as well as from weather and other… …   Investment dictionary

• wear and tear — UK US noun [U] INSURANCE ► the damage that happens to an object in ordinary use during a period of time: »The insurer will reduce any payout to take into account wear and tear of the item. general/normal wear and tear »The airline will not accept …   Financial and business terms

• wear and tear — noun decrease in value of an asset due to obsolescence or use • Syn: ↑depreciation • Derivationally related forms: ↑depreciate (for: ↑depreciation) • Hypernyms: ↑financial loss, ↑ …   Useful english dictionary

• Wear and tear — is a term for damage that naturally and inevitably occurs as a result of normal use or aging. It is used in a legal context for such areas as warranty contracts from manufacturers, which usually stipulate that damage due to wear and tear will not …   Wikipedia

• wear and tear — wear′ and tear′ [[t]tɛər[/t]] n. damage or deterioration resulting from ordinary use; normal depreciation • Etymology: 1660–70 …   From formal English to slang

• Wear And Tear Exclusion — A provision of an insurance contract that states that the normal, expected deterioration of the insured object will not be covered by the policy. Wear and tear is excluded from insurance policy coverage because it is inevitable. Insurance is… …   Investment dictionary

• wear and tear — /tair/ damage or deterioration resulting from ordinary use; normal depreciation. Also, wear and tear. [1660 70] * * * …   Universalium

• wear and tear — A reduction in the value of a *fixed asset owing to its normal use. Wear and tear is a major contributory factor in *amortization …   Auditor's dictionary

• reasonable wear and tear — Damage or loss to an item (such as a table) or element of a room (such as the floor) resulting from ordinary use and exposure over time. The term is commonly used in leases to limit the tenant s responsibility to repair damage, repaint the walls …   Law dictionary

• fair wear and tear — /ˌfeə weər ən teə/ noun acceptable damage caused by normal use ● The insurance policy covers most damage but not fair wear and tear to the machine …   Dictionary of banking and finance

• wear and tear — noun Date: 1666 the loss, injury, or stress to which something is subjected by or in the course of use; especially normal depreciation …   New Collegiate Dictionary