double declining-balance depreciation |
|
Definition
Method of computing depreciation in which the written-down or book value of a capital asset is reduced by double the depreciation rate of the straight line depreciation method. Suitable where the usage of the asset declines with the asset's age, it is one of the two methods under accelerated depreciation technique; for the second method see sum of the years' digits depreciation.
email to a friend
print this definition
cite this definition
link to this page
double declining-balance depreciation is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
double declining-balance depreciation appears in the definition of the following term: salvage value
This content can be found on the following page:
http://www.businessdictionary.com/definition/double-declining-balance-depreciation.html