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Sum-Of-The-Years'-Digits
An accelerated depreciation method that calculates annual depreciation by adding the asset's expected life years, assigning weights to each year, and depreciating more heavily in the earlier years.
Depreciation Estimates
Projections or calculations of the reduction in the value of an asset over time, used for accounting and taxation purposes.
Prospective
Pertains to future events or conditions as they are expected to happen or be considered for planning and decision-making.
Depreciation Parameters
The set of assumptions and methodologies used to calculate the depreciation of an asset over its useful life.
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