TeachMeFinance.com - explain Producing property
Producing property The term 'Producing property' as it applies to the area of energy can be defined as ' A term often used in reference to a property, well, or mine that produces wasting natural resources.The term means a property that produces in paying quantities (that is,one for which proceeds from production exceed operating expenses)'.
About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.