Business & Finance

AFUDC Full Form - What is Full Form of AFUDC?

Full Form: Allowance for Funds Used During Construction
Category: Business & Finance
Sub Category: Accounting

What is Meaning of AFUDC?

AFUDC is full form Allowance for Funds Used During Construction    

What is Allowance for Funds Used During Construction?

Allowance for Funds Used during Construction (AFUDC) AFUDC allows the capitalization of the cost of borrowed funds and a reasonable rate on other funds to be charged to projects that are capital in nature until the project is placed in-service.