An acronym for non-cash charge; an expense/ charge that does not involve a cash transaction- that is, it constitutes no...
The increase in the value of a financial or physical asset over its normal life-time or a specific period of…
Another casual name for the accelerated cost recovery system (ACRS). It is a tax accounting technique that determines the rate...
It stands for accelerated cost recovery system; a system of asset depreciation, for tax purposes, that determines the rate of...
A system of depreciation that entails higher depreciation expenses in the early years of the life of an asset, for...
A system of asset depreciation, for tax purposes, that determines the rate of appreciation for an entity's assets. It involves...
A tax deduction that an entity claims for the natural wear and tear of its assets (tangible assets) over their...
Depreciation of fixed assets (tangible assets) that involves the allocation of the cost of an asset over its useful life....
Depreciation of fixed assets (tangible assets) that involves the allocation of the cost of an asset over its useful life....
The remaining cost of an asset (particularly a fixed asset) after deducting any accumulated depreciation from the asset's original cost...