Sum-of-years-digits depreciation

Depreciation and Amortization
Vocabulary Term #839
Noun (thing)
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UK
Sum-of-years-digits depreciation
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UK
the method for reducing the value of a tangible asset by a variable percentage depending on how long the asset has been on the books
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UK
"A lot of people are put off by the sum-of-years-digits method of depreciation, as it can seem complicated, but it does have some advantages."
Accounting, Banking, and Finance dictionary
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