Modified Accelerated Cost Recovery System (MACRS)
The new accelerated cost recovery system, created after the release of the Tax Reform Act of 1986, which allows for greater accelerated depreciation over longer time periods.

Investopedia Says:
Faster acceleration allows individuals to deduct greater amounts during the first few years of an asset's life.

Related Terms:
Accelerated Cost Recovery System - ACRS
Accelerated Depreciation
Accounting
Depreciation
General Depreciation System
Tax Reform Act of 1986

• Deferred Long-Term Liability Charges
• Deferred Payment Option
• Deferred Profit Sharing Plan (DPSP)
• Deferred Profit Sharing Plan (DPSP)
• Deferred Revenue
• Deferred Share
• Deferred Tax Asset
• Deferred Tax Liability
• Deficiency Agreement
• Deficiency Letter
• Deficit
• Deficit Spending Unit
• Defined-Benefit Plan
• Defined-Contribution Plan
• Deflation
• Defunct
• Degearing
• Degree Of Combined Leverage (DCL)
• Degree Of Combined Leverage (DCL)
• Degree Of Financial Leverage (DFL)
• Degree Of Financial Leverage (DFL)
• Degree Of Operating Leverage (DOL)
• Delayed Draw Term Loan
• Deleted
• Deleverage