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Double-Declining-Balance Rate
A method of accelerated depreciation that applies a constant rate, which is double the straight-line rate, to the declining book value of an asset each year.
Straight-Line Rate
A method of calculating depreciation of an asset, dividing its cost by the number of years in its useful life.
Depreciation Expense
The structured spreading of the expense associated with a tangible asset across its useful life.
Double Declining-Balance Method
An accelerated depreciation method that computes an asset's depreciation at double the rate of the straight-line method over its useful life.
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