UNSTUFFING

Posted on July 20, 2013July 20, 2013

The practice of removing goods from a cargo container; sometimes termed ‘stripping a container’.

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Pre-existing Condition →

DEPRECIATION

Decrease in the value of property over a period of time due to use, wear & tear and obsolescence. For example, if you paid $500 for a television set five years ago, its current value minus depreciation might be only $125.