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Units-Of-Activity
A depreciation method that allocates the cost of an asset over its useful life based on its usage or activity levels, rather than time.
Depreciation Expense
Depreciation expense is the allocated portion of the cost of a tangible asset that is expensed over its useful life, reflecting wear and tear, obsolescence, or loss of value.
Double-Declining-Balance
A method of accelerated depreciation which doubles the normal depreciation rate, reducing the value of an asset more quickly in its early years.
Accelerated Depreciation
A depreciation method that allows faster write-off of assets in the initial years of asset life.
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