Examlex
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Units-Of-Production
A depreciation method that allocates an asset's cost based on its usage, output, or production, rather than the passage of time.
Modified Accelerated Cost Recovery System
A method of depreciation applied in the United States that allows for the accelerated write-off of property under the tax code.
Periodic Depreciation Expense
The allocated portion of the cost of a tangible asset over its useful life, recognized as an expense in a specific accounting period.
Double Declining-Balance Method
A method of accelerated depreciation where an asset's value is reduced at double the rate of its straight-line depreciation.
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