Cost segregation is an accounting methodology based on the concept of accelerated depreciation. Instead of depreciation of your building as whole, a cost segregation study breaks out the sub components of your building to achieve you, the building owner, tax deductions now for those items that are going to be needing replaced verse later. This change in accounting method will gain you the building owner a larger tax deduction to offset how much you owe in taxes. A cost segregation engineering company is who performs the cost segregation process.
by Truth Teller 2 April 13, 2022
Rich purchased a new building and his accountant recommended a cost segregation study to lower his taxes.
by TaxReformExpert April 13, 2022
Money saved through acting like a cheapskate. Typically, the phrase "cost savings" is used to justify the action.
Leah: "Let's order a pizza in and get a bottle of wine"
Matthew: "Let's make a delissio pizza and get tetra-packed wine. Cost savings."
Leah: "Loving the cost savings"
Matthew: "Let's make a delissio pizza and get tetra-packed wine. Cost savings."
Leah: "Loving the cost savings"
by mbryan December 01, 2009
by adventurehobbit March 12, 2019
by BrainsofBeauty September 21, 2015
The person or persons you invite to a vacation or a night out to help cover the cost of the event. “B listers with cash”
Damn, this Vegas vacation house is going to be expensive! You know we have to call Mike, he’s our cost diluter!
by Jimpanico86 November 16, 2017
Has two main usages:
1. When a person acts like he/she is trying to save money; basically being 'cheap'.
2. When a person ditches (does not show or refuses to a date/meeting) or breaks up with someone.
1. When a person acts like he/she is trying to save money; basically being 'cheap'.
2. When a person ditches (does not show or refuses to a date/meeting) or breaks up with someone.
by Ms. Against Squareheads April 21, 2004