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Accelerated Depreciation
A method of depreciation that allows for higher depreciation expenses in the initial years of an asset's life and lower charges later on.
Depreciation Expense
The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
Early Years
A term referring to the initial period in the lifecycle of an entity or project, often marked by growth, development, and establishment of fundamentals.
Units-of-production
A depreciation technique that distributes an asset's expense over its lifespan according to the quantity of units manufactured.
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