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What are Land Improvement Assets?

 , updated on December 06, 2015
Land Improvements are an asset class that refer to investments in making land more economically viable. Examples include roads, landscaping, water conservation, decontamination of polluted land and planting trees to avoid land erosion. They are typically considered tangible capital assets but it is often difficult to determine their useful life for the purposes of deprecation.
Overview: Land Improvements
DefinitionInvestments in making land more economically viable.
TypeTangible capital asset
Related ConceptsBusiness Cost Examples

Business Costs

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Activity Cost
Business Equipment
Capital Improvement
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Friction Cost
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Outlay Cost
Lifetime Cost
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Tangible Cost
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Travel Expenses
Opportunity Cost
Variable Costs
Prospective Cost
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