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Finance Dictionary and Glossary of Investment Terms
Leasehold Improvement
Definition 1.
Improvements on a leased asset that increase the value of the asset.
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Definition 2.
An improvement made to leased property.
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Definition 3.
An improvement of a leased asset that increases the asset's value. The expense of a leasehold improvement is carried as an asset that declines in value over time, as the value is depreciated over the life of the lease or the improvement.
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