placed-in-service date


Definition
The day on which an asset became available for use by a business. In most cases, the placed-in-service date and the purchase date are the same, but that is not necessarily the case. Depreciation begins on the placed-in-service date.


Related Personal Finance Articles

Loading...

placed-in-service date in the news

Loading...


Enter your email address to get our free Term of the Day newsletter!

placed-in-service date is ...

... part of the Business subject.

Search volume for placed-in-service date

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z