The IT Law Wiki


32,081pages on
this wiki
Add New Page
Add New Page Talk0

Definition Edit

Depreciation is

[t]he systematic and rational allocation of the acquisition cost of an asset, less its estimated salvage or residual value, over its estimated useful life.[1]

References Edit

  1. A Glossary of Terms Used in the Federal Budget Process, at 44.

Also on Fandom

Random Wiki