Allowance for depreciation

An accumulated Expense that writes off the cost of a fixed Asset over ITS expected useful life.

Related Terms: 5 Asset, Expense, Fixed asset, ITS, Write

Other Related Pages: Category: Investor_Relations Starting With: A

Additional Related Terms: Accelerated Cost Recovery System, Accrued expense, Accumulated depreciation, Acquisition cost, Active asset, Asset, Asset/equity ratio, Asset management account, Accrual of discount, Amortization of premium