declining balance method
Word Rarity
Rare
Frequency: Zipf frequency 3.74 in modern English
36
Scrabble Score
22
Letters
4
Syllables
13
Unique Chars
Meaning
n
a way of calculating the depreciation of an asset whereby one subtracts a certain percentage of its current value each year.
Example Sentences
- "When using the declining balance method, the salvage value is not considered in determining the annual depreciation, but the book value of the asset being depreciated is never brought below its salvage value, regardless of the method used."