| 释义 |
double declining balance method
noun[ S ]
ACCOUNTINGukus(alsodouble declining balance); (alsodouble declining balance depreciation method); (also200 percent declining balance method)
the method of calculating the loss in the value of an asset over its useful life in which twice the usual rate is subtracted each accounting period:
The double declining balance method is an accelerated method since a large part of the cost is expensed at the beginning of the life of the asset.
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