Annuity depreciation

Depreciation and Amortization
Vocabulary Term #841
Proper noun (thing)
US
UK
Annuity depreciation
US
UK
a method of depreciation centred around cost recovery and a constant rate of return upon any asset that is being depreciated
US
UK
"Most production machinery is depreciated using annuity depreciation as it allows the calculation of a per unit produced cost for the asset."
Accounting, Banking, and Finance dictionary
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