Annual value

From WebRef.org
Jump to navigationJump to search

The annual value of a property is the estimated annual surplus of revenue over expenditure in process of liquidating the mineral reserves. In the usual case, that of a property owned by a company, it is the dividend estimated maintainable annually over the whole computed life, the regular distribution of mining profit. Truscott
Source: Dictionary of Mining, Mineral, and Related Terms


Sponsor: Dragon Professional Individual is Here!