Adjusted cost base (ACB) is an income tax term that refers to the change in an asset's book value resulting from improvements, new purchases, sales, payouts or other factors.
1: ACB by definition is Air Circuit Breaker-which means, the air gap developed in between the fixed & movable contacts act as insulation. However, the use of such circuit b … reaker is not much nowadays due to various drawbacks. If it does indeed mean that, than it is an unapproved abbreviation. This points to standardization of abbreviations. I'm an experienced RN and I would not have a clue what this could mean. DEFINITION of 'Adjusted Cost Base-ACB'. Adjusted cost base (ACB) is an income tax term that refers to the change in an asset's book value resulting from improvements, new purchases, sales, payouts or other factors. An adjusted cost base can be calculated on a single or a per unit basis. Next Up. Air Circuit Breaker (ACB) is a type of circuit breaker that utilize compressed air to blow out the arc and stop the faulty current from flowing and causing any severe damage. ACB’s are typically used for high current, industrial applications. SHARE.
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what does acb mean