FT MarketWatch

Double-declining balance depreciation method

Method of Accelerated Depreciation, in which double the straight-line Depreciation amount is taken the first year, and then that same percentage is applied to the undepreciated amount in subsequent years.

Related Terms: 3 Accelerated Depreciation, Depreciation, ECI
Other Related Pages: Category: Accounting Starting With: D
Additional Related Terms: 10-Q, 10-K, Accelerated Cost Recovery System, Accelerated Depreciation, Accumulated depreciation, Adjusted balance method, Allowance for depreciation, Adjustable rate, Average daily balance method, Accrual of discount