Accelerated Depreciation
Part of Speech: Noun
Pronunciation: uhk-sel-uh-rey-tid dih-pri-shee-ey-shuhn
Meaning
1. A method of depreciation that allows for larger deductions in the early years of an asset’s life and smaller deductions in later years.
2. A tax strategy that enables businesses to recover the cost of an asset more quickly than traditional depreciation methods.
Nearby Words
- Depreciation (Noun) – अपक्षय, अपमूल्यन, अपचय
- Asset (Noun) – संपत्ति, धनी, अधिकार
- Deduction (Noun) – कटौती, छूट, घटाउनु
Synonyms
- Accelerated Amortization
- Rapid Depreciation
- Front-Loaded Depreciation
- Fast Write-Off
Antonyms
No antonyms found.
Learn More
Accelerated depreciation is a method used in accounting and taxation to recover the cost of an asset at a faster rate than traditional depreciation methods. It allows businesses to deduct larger amounts in the early years of an asset’s life and smaller amounts in later years. This approach recognizes that assets often lose value more rapidly in their initial years. By accelerating the depreciation deductions, businesses can reduce their taxable income and improve cash flow.
Some nearby words related to accelerated depreciation include “depreciation,” which refers to the decrease in value of an asset over time, “asset,” which represents any valuable item owned by a person or business, and “deduction,” which is the act of subtracting an amount from a total.
There are several synonyms for accelerated depreciation, including “accelerated amortization,” “rapid depreciation,” “front-loaded depreciation,” and “fast write-off.” These terms all describe the same concept of expensing an asset more quickly.
For more information on accelerated depreciation, you can refer to Dictionary.com, Wikipedia.org, or TheFreeDictionary.com.