Meaning of DECLINING BALANCE DEPRECIATION in English
- DECLINING BALANCE DEPRECIATION
A type of accelerated depreciation in which a constant percentage of an asset's remaining basis is depreciated each year. The constant percentage amount is often calculated at 125%- 150% or 200% (double declining balance) of the straight-line percentage over the same recovery period.
Finance-Leasing English vocabulary. Английский словарь финансов и лизинга. 2012