Examlex
Research generally indicates that
Net Book Value
The value at which an asset is carried on a balance sheet, calculated as the asset's original cost minus accumulated depreciation and impairments.
Accelerated Depreciation
A method of depreciation where assets lose value at a faster rate in the initial years of their life.
Straight-Line Depreciation
A method of calculating the depreciation of an asset that allocates an equal amount of depreciation each year over the asset's useful life.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the decline in value over time.
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