Definitions Machinery and Equipment Condition Very Good (VG) This term describes an item of equipment in excellent condition capable of being used to its fully specified utilization for its designated purpose, without being modified and not requiring any repairs or abnormal maintenance at the time of inspection or within the foreseeable future.

Machinery and Equipment means industrial fixtures, devices, and support facilities, and tangible personal property that becomes an ingredient or component thereof, including repair parts and replacement parts.

05/04/  · Machinery noun. The means and appliances by which anything is kept in action or a desired result is obtained; a complex system of parts adapted to a purpose. ‘An indispensable

Machinery and Equipment. Machinery and Equipment is one form of fixed capital asset, consisting of machines, computers, transportation equipment, assembly lines, and other equipment. Economists believe that investment in machinery and equipment is very important to productivity growth. Category: Economics.

Farm machinery and equipment (ORS 307.394). Taxable property includes machinery, equipment, furniture, etc., used previously or presently in a business. Each individual, partnership, firm, or corporation that has taxable personal property must file a return by March 15. The return must contain a full listing of all assets, date of acquisition

machinery 1 n-uncount You can use machinery to refer to machines in general, or machines that are used in a factory or on a farm. quality tools and machinery., your local garden machinery specialist

Machinery and Equipment appraisers use the Direct Market Comparison (or Sales Comparison) approach to indicate value by analyzing recent sales (or offering) prices of assets that are comparable to the assets that are the subject of the appraisal. Quality appraisals are the direct result of selecting and applying the proper definition of

Machinery, plant and equipment. This section covers the different safety aspects of using machinery and maintaining plant and equipment in the workplace. Employers should consider how their workers use machinery, and have adequate maintenance arrangements in place to ensure it remains safe to use.

Machinery and Equipment is one form of fixed capital asset, consisting of machines, computers, transportation equipment, assembly lines, and other equipment 

10/09/2022 · Machinery definition: You can use machinery to refer to machines in general , or machines that are used in a | Meaning, pronunciation, translations and examples

Machinery and Equipment means materials, devices, fittings, installations, appliances, apparatus and tanks other than tanks used exclusively for storage, including supporting foundations and footings and any other thing prescribed by the Minister that forms an integral part of an operational unit intended for or used in Sample 1 Sample 2 Sample 3