Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z 

Depreciation

Depreciation Definition

The periodic write-off of a capital asset (a building, vehicle, piece of equipment, etc.) over the asset’s useful life. This allows a business to claim a deduction for assets which would otherwise not be able to be deducted in just one year.

RELATED TERMS
Appreciation
Deduction
Depreciation schedule
RELATED CATEGORIES
Accounting




Submit a Definition



Ask a Question

Learn the famous formula for money-making, based upon the THIRTEEN PROVEN STEPS TO RICHES! Get your FREE Copy & Instant Access to Think and Grow Rich by Napoleon Hill just by signing up.
 
   
Newsletter cover
Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z