Depreciation
Depreciation
Glossary of business
Definition of depreciation
Depreciation is the fall in value of an asset. It applies to fixed assets as they are used over and over again as part of the production process and so over time will lose value. The level of depreciation has to be taken off the cost of an asset to show its current book value. There are two main methods of calculating depreciation - the straight line method and the reducing balance method.
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Terminology about business
Job world
Definition and meaning of depreciation
Meaning of depreciation
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