Noun (thing)
    
  
    Sum-of-years-digits depreciation  
          
      
          
      
      
   
  
                  
                            
              
  
                  
                            
              
  
    
        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        
          
      
          
      
      
    
  
      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.