declining balance method


declining balance method

Accounting dictionary. 2014.

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  • declining balance method — ➔ method * * * declining balance method UK US noun [S] (also diminishing balance method, also reducing balance method) ► ACCOUNTING a way of depreciating (= reducing the value of) a fixed asset in a company s accounts , in which the asset s v …   Financial and business terms

  • declining-balance method —  ̷ ̷ ¦ ̷ ̷  ̷ ̷ ¦ ̷ ̷  ̷ ̷ noun : a method of calculating periodic depreciation that involves the determining at regular (as annual) intervals throughout the expected life of an asset of equal percentage amounts of a cost balance which is… …   Useful english dictionary

  • Declining Balance Method — A common depreciation calculation system that involves applying the depreciation rate against the non depreciated balance. Instead of spreading the cost of the asset evenly over its life, this system expenses the asset at a constant rate, which… …   Investment dictionary

  • double declining balance method — UK US noun [S] (also double declining balance, also double declining balance depreciation method, also 200 percent declining balance method) ACCOUNTING ► the method of calculating the loss in the value of an asset over its useful life in which… …   Financial and business terms

  • 200 percent declining balance method — UK US noun [U] ACCOUNTING ► DOUBLE DECLINING BALANCE METHOD(Cf. ↑double declining balance method) …   Financial and business terms

  • double declining balance method — A method of depreciation in which the historical cost (or revalued amount) of an asset less its estimated residual value (see net residual value) is divided by the number of years of its estimated useful life and the resulting amount is… …   Accounting dictionary

  • double declining balance method — A method of depreciation in which the historical cost (or revalued amount) of an asset less its estimated residual value (see net residual value) is divided by the number of years of its estimated useful life and the resulting amount is… …   Big dictionary of business and management

  • reducing balance method — ➔ method * * * reducing balance method UK US noun [S] ACCOUNTING ► DECLINING BALANCE METHOD(Cf. ↑declining balance method) …   Financial and business terms

  • diminishing balance method — UK }} US }} noun [S] ACCOUNTING ► DECLINING BALANCE METHOD(Cf. ↑declining balance method) …   Financial and business terms

  • double declining balance — ➔ balance1 * * * double declining balance UK US noun [U] ACCOUNTING ► DOUBLE DECLINING BALANCE METHOD(Cf. ↑double declining balance method) …   Financial and business terms