by Adrielle diap June 18, 2018
Get the Adrielle Disposalmug. When the continuation of depreciating a long term tangible asset at a diminishing value becomes unprofitable or purposeless, so the company decides to dispose of the asset at a stipulated cost which is below book value resulting in a loss which is then offsetted against the companies profits. A transaction of this nature is usually made when the asset becomes dormant and ineffective, even though it may well still be in the beginning of its life expectancy. The disposing of as asset is also written off the Balance Sheet as a long term investment and making way for a more effective and valuable long term asset.
If there is capital to be made on disposing of an asset, then both parties agree to a value where under the table cash transactions are made (off the books) and a much lower value is agreed upon (on the books) which is then recorded as a loss and offsetted against the companies net profit.
If there is capital to be made on disposing of an asset, then both parties agree to a value where under the table cash transactions are made (off the books) and a much lower value is agreed upon (on the books) which is then recorded as a loss and offsetted against the companies net profit.
Rupert Murdoch: "I got rid of Alex!" James sighed, "I thought he was an asset, turns out he was nothing but a liability"
Alan Bond: "What do you mean you got rid of him, hope you didn't kill him"
Rupert Murdoch: "Nah, there's no gain from killing him, I sold him to the opposition and i made a profit"
Alan Bond: "Ahhhh, now I can see how Wendi Deng has asianized you"
Rupert Murdoch: "What do you mean by that?"
Alan Bond: "Nothing!, you know hoe Asians are carnivorous when it comes to money, it looks like it's rubbing off on you"
Rupert Murdoch: " Yep, learn Alan, disposing of an asset requires a lot of foot work if you know what I mean".
Alan Bond: "What do you mean you got rid of him, hope you didn't kill him"
Rupert Murdoch: "Nah, there's no gain from killing him, I sold him to the opposition and i made a profit"
Alan Bond: "Ahhhh, now I can see how Wendi Deng has asianized you"
Rupert Murdoch: "What do you mean by that?"
Alan Bond: "Nothing!, you know hoe Asians are carnivorous when it comes to money, it looks like it's rubbing off on you"
Rupert Murdoch: " Yep, learn Alan, disposing of an asset requires a lot of foot work if you know what I mean".
by A=L+P January 19, 2018
Get the Disposing of an assetmug. After I got my bonus, I bought a thoroughbred and used him as a disposable racehorse. Raced him once at Pimlico and had him shot for no good reason.
by #1 Thrilla November 3, 2009
Get the Disposable Racehorsemug. A play on the term “opposable thumbs,” essentially implying that humans can dispose of their thumbs.
by UrAverageHoovy October 29, 2022
Get the disposable thumbsmug. When a chick wraps her midsection with plastic wrap, takes a massive dump, lets it collect in the bag, then, before intercourse, takes a knife and unloads it on her partner's chest.
Depressed Guy: "......"
Friend: "Dude, why are you so sad?"
Depressed Guy: "My girlfriend gave me a filthy garbage disposal..."
Friend: "ZOMG!"
Friend: "Dude, why are you so sad?"
Depressed Guy: "My girlfriend gave me a filthy garbage disposal..."
Friend: "ZOMG!"
by Kwog the Bligthar March 30, 2010
Get the Filthy Garbage Disposalmug. A very underrated kick ass song by Metallica
Song meaning: This song from Metallica’s third album is an anti-war song. It is one of the most intense songs Metallica has ever written, with certain sections performed at 220 beats per minute.
The lyrics tell the story from the point of view of a soldier on the battlefield who receives orders from his general to keep fighting, no matter how many will die. The general believes his soldiers are merely expendable tools.
Song meaning: This song from Metallica’s third album is an anti-war song. It is one of the most intense songs Metallica has ever written, with certain sections performed at 220 beats per minute.
The lyrics tell the story from the point of view of a soldier on the battlefield who receives orders from his general to keep fighting, no matter how many will die. The general believes his soldiers are merely expendable tools.
by Bluescar July 10, 2023
Get the Disposable Heroesmug. by Deejaywhitenoise September 29, 2023
Get the Dispose of a corpsemug.