单词 | double-declining balance method |
释义 | double-declining balance method double-declining balance method noun [sing.]
(Accounting ) a way of reducing the value of (depreciating) an asset in a company's financial records in which the amount taken from the asset's value decreases each year. The value of the asset (its book value) is reduced at a fixed rate each year, calculated as the difference between the original value of the asset and its final (residual) value, divided by a particular number of years and multiplied by two. ⇨ REDUCING BALANCE METHOD, STRAIGHT-LINE METHOD, SUM OF THE DIGITS METHOD |
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