The difference between a fixed asset's initial cost and its current market value is called the asset's depreciable cost.

Name: The difference between a fixed asset's initial cost and its current market value is called the asset's depreciable cost.
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The difference between a fixed asset's initial cost and its current market value is called the asset's book value. Depreciable cost refers to the portion of an asset's initial cost that can be depreciated over its useful life.

The Difference Between a Fixed Asset's Initial Cost and Its