Home / Thesaurus / declining balance method of depreciation
Thesaurus: declining balance method of depreciation
a way of calculating the depreciation of an asset whereby one subtracts a certain percentage of its current value each year.
Related headwords
assetdefinitioncalculatingdefinitioncertaindefinitioncurrentdefinitiondepreciationdefinitionpercentagedefinitionsubtractsdefinitionvaluedefinitionwaydefinitionwherebydefinitionyeardefinitiondeclinatorfamilydeclinatoryfamilydeclinaturefamilydeclinefamilydecline in qualityfamilydeclinedfamilydeclinerfamilydeclinesfamilydecliningfamilydeclining balance methodfamilydeclinometerfamilydeclinousfamilydeclivitiesfamilydeclivitousfamilydeclivityfamilydeclivousfamilydeclinablefamily
Definitions
- n. a way of calculating the depreciation of an asset whereby one subtracts a certain percentage of its current value each year.