HomeTermsCompareFinance Double Declining Balance Method Of DepreciationThe definition for Double Declining Balance Method Of Depreciation:A use of the declining balance method, but with double the depreciation allowable by straight line. An accelerated method. 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. Declining Balance Method Of DepreciationDeclining Balance Method Of DepreciationDepreciation by a fixed annual percentage of the balance after deducting each yearly depreciation amount. Further SuggestionsDepreciationRecapture Of Depreciation Click to compare definitions of Double Declining Balance Method Of Depreciation Click to view definitions beginning do |