Placed in Service

Placed in Service: Understanding the Date Property Becomes Available for Use
The term 'Placed in Service' refers to the date when property is in a state of readiness and is available for a specific use, typically within the contexts of finance, accounting, and taxation.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.