Short term and long term are technical expressions and depend upon how long the asset has been owned before disposal and whether it is amortisable (buildings, plant etc.) or non-amortisable (land and goodwill etc.).

“How'd you do with the rig?” Tater asked. Bubba did the sniff and wipe number again. “Piece a cake. That baby's a real hummer, Tater.”

I was told that the security agencies had determined that in the event of a public disturbance of any kind, three men would be destroyed at once. They were Henry Kao, the present mayor of Taipei, Kuo Yu-shin, an outspoken non-K.M.T. member of the Provincial Assembly elected by a solid constituency in I-lan, and me. The three of us were referred to in security documents by a coded sign, three concentric circles.

Wait a moment, while I lock the front door.