Examples of Capitalization in a sentence
The following schedule details those thresholds and estimated useful lives: Capitalization Thresholds Estimated Useful Life Land $ 0 N/AInfrastructure 0 20-50 yearsBuildings 50,000 40 yearsImprovements other than buildings 25,000 20 yearsMobile equipment 5,000 5-10 yearsFurniture and equipment 5,000 3-7 yearsLeased property under capital leases * * * Leased property capitalization policy and estimated useful life will correspond with the amounts for the asset classification, as listed above.
Capitalization thresholds (dollar value above which asset acquisitions are added to the capital asset accounts) and estimated useful lives are used to report capital assets in the government-wide statements and Proprietary Funds.
Since the Capitalization Date, the Company has not issued any shares of Common Stock, other than (i) shares issued upon the exercise of stock options or delivered under other equity-based awards or other convertible securities or warrants which were issued and outstanding on the Capitalization Date and disclosed on Schedule B and (ii) shares disclosed on Schedule B.
Capitalization should cease no later than when a computer software project is substantially complete and ready for its intended use, i.e., after all substantial testing is completed.
Capitalization thresholds (dollar value above which asset acquisitions are added to the capital asset accounts) and estimated useful lives are used to report capital assets in the government-wide statements.