Akademik

accumulated depreciation

The total of the periodic reductions for depreciation in fixed assets.

Also called allowance for depreciation. American Banker Glossary

* * *

accumulated depreciation accumulated depreciation ➔ depreciation

* * *

accumulated depreciation UK US noun [U] (also accrued depreciation) ACCOUNTING

► the reduction in the value of an asset such as a machine or vehicle since it was bought: »Property, plant, and equipment are stated at cost less accumulated depreciation.

→ Compare ACCUMULATED AMORTIZATION(Cf. ↑accumulated amortization)

Financial and business terms. 2012.