HomeTermsCompareFinance Declining Balance Method Of DepreciationThe definition for Declining Balance Method Of Depreciation:Depreciation by a fixed annual percentage of the balance after deducting each yearly depreciation amount. Similar MatchesAccrued DepreciationAccrued Depreciation(1) The amount reserved each year in the accounting system for replacement of a building or other asset. (2) The useful life of a property at any given time. Book DepreciationBook DepreciationDepreciation reserved (on the books) by an owner for future replacement or retirement of an asset. DepreciationDepreciation(1) Decrease in value to real property improve-ments caused by deterioration or obsolescence. (2) A loss in value as an accounting procedure to use as a deduction for income tax purposes. Further SuggestionsDouble Declining Balance Method Of DepreciationRecapture Of Depreciation Click to compare definitions of Declining Balance Method Of Depreciation Click to view definitions beginning de |