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Yearly Depreciation Expense
The allocation of the cost of a tangible asset over its useful life on an annual basis.
Depreciable Cost
The cost of a fixed asset minus its salvage value, representing the total amount that can be depreciated over its useful life.
Straight-Line
A method of calculating depreciation or amortization that allocates an equal portion of an asset's cost to each period of its useful life.
Units-of-Activity
A depreciation method that allocates expense based on the actual usage or production levels of an asset.
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