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Depreciation Expense
An accounting method allocating the cost of a tangible asset over its useful life, reflecting the decrease in value of the asset over time due to wear and tear, usage, or obsolescence.
Translated
Converted from one language to another or, in financial terms, adjusted from one currency into another using the current exchange rate.
Remeasured
The process of adjusting the book value of a foreign subsidiary’s financial statements to reflect current exchange rates or the fair value of assets and liabilities.
Straight-Line Method
A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.
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