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NCC

An acronym for non-cash charge; an expense/ charge that does not involve a cash transaction- that is, it constitutes no...

Appreciation

The increase in the value of a financial or physical asset over its normal life-time or a specific period of…

Accelerated Dep.

Another casual name for the accelerated cost recovery system (ACRS). It is a tax accounting technique that determines the rate...

ACRS

It stands for accelerated cost recovery system; a system of asset depreciation, for tax purposes, that determines the rate of...

Accelerated Depreciation

A system of depreciation that entails higher depreciation expenses in the early years of the life of an asset, for...

Accelerated Cost Recovery System

A system of asset depreciation, for tax purposes, that determines the rate of appreciation for an entity's assets. It involves...

Tax Depreciation

A tax deduction that an entity claims for the natural wear and tear of its assets (tangible assets) over their...

Book Depreciation

Depreciation of fixed assets (tangible assets) that involves the allocation of the cost of an asset over its useful life....

Accounting Depreciation

Depreciation of fixed assets (tangible assets) that involves the allocation of the cost of an asset over its useful life....

Depreciated Cost

The remaining cost of an asset (particularly a fixed asset) after deducting any accumulated depreciation from the asset's original cost...