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. "Ugh,be right back I have to do my DDF stuff...."Jimmy said."What's DDF?"Bob said."Disposing Digested Food"Jimmy replied.
by helloihavecripplingdepression May 3, 2017
Get the disposing digested foodmug. by mrpeas June 13, 2022
Get the disposablemug. by Davo1976 December 12, 2016
Get the disposermug. 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. by Adrielle diap June 18, 2018
Get the Adrielle Disposalmug. A sneaky "evasive maneuver" technique for free disposal of your garbage in someone else's dumpster that has a locking-bar on it. Since the lids of the dumpster are usually just flexible plastic, however, you can successfully pry them upwards a few inches in the middle, so if you just use ordinary plastic shopping-sacks for bagging your disposables instead of the larger trash-bags, and only fill each bag with a fairly small amount of trash so that they are only as wide as your fist, you can still cram them into the dumpster.
Practicing fist-width trash-disposal can be a bit tedious/laborious, but it sure beats paying for your own dumpster, plus it eliminates your having to employ the delay/noise-producing strategy of actually removing the dumpster's rear hinge-pin --- and thus risking your getting busted --- just to drop in your bags.
by QuacksO August 7, 2018
Get the fist-width trash-disposalmug.