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Corporate & Institutional Glossary

ACH Return ACHieve ADR System Accelerated Cost Recovery System (ACRS) (Modified) Acceptance Credit Acceptance Draft Ad Valorem Addenda Record Administrator Advising Bank Affidavit Of Domicile Affreightment (Contact Of) After Date After Sight Air Waybill All-Risk Clause Alongside Alternative Minimum Tax (AMT) American Style Option Analysis Certificate Anti-Dumping Duty Appointment Section Appraisement Appreciation Arbitrage Arrival Notice Asset Allocation Assigned In Blank Assignment Section Assignment Separate From Certificate At Sight At-The-Market Ata Carbet Attorney-In-Fact Automated Investments

Accelerated Cost Recovery System (ACRS) (Modified) The Tax Reform Act of 1986 established the modified ACRS tax appreciation system prescribing depreciation methods for each ACRS class in lieu of statutory tables. Equipment is assigned among 3, 5, 7, 10, 15, or 20-year classes depending on ADR lives.

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