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ASHRAE

Acronym that stands for the American Society of Heating, Refrigerating, and Air- Conditioning Engineers; provides standards for both its members and others […]

As-built drawings

Drawings that reflect actual field conditions as a result of construction.

Asset

Item, thing or entity that has potential or actual value to an organization.

APPA

An organization for higher education facilities that has created standards by which an organization can measure its practices, including cleaning. (Originally known […]

Amortization

The systematic reduction of a lump-sum amount; the expense applies to intangible assets (such as patents, franchises, leaseholds, and goodwill) in the […]

Activity method

Unlike the straight-line method, the activity method is not based on the passage of time but on a measure of productivity relative […]

Accelerated depreciation

Accelerated depreciation methods have a steadily decreasing charge so that assets are depreciated quickly in early years, which can better match the […]

Annuity

A series of cash flows that are equal and periodic.

AIA Contract Documents

A set of standard contract forms produced by the American Institute of Architects (AIA) for design and construction contracts including the contract […]

Average inventory turnover

A ratio showing how many times an organization’s inventory is sold and replaced over a period.