accumulated depreciation

Related Terms
Total depreciation on a tangible asset accumulated up to a specified date. This amount is subtracted from the original cost or valuation of the asset to arrive at its book value. Accumulated depreciation amount represents only the expired value of an asset; it is neither cash nor any other type of asset that can be used to buy another asset. Also called accrued depreciation.

Use 'accumulated depreciation' in a Sentence

If you are wanting to sell something you need to add up all of the accumulated depreciation to find the correct price.
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I wondered what the accumulated depreciation of the item would be at the end of the year and if it would still have value.
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When you must sell a high priced item you will have to figure out all the accumulated depreciation it has since you bought it.
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