UK Accounting Glossary
Total depreciation of a non-current (fixed) asset, deducted from original cost to give net book value.
Accumulated Depreciation (also known as aggregate depreciation) is the total amount of the depreciation written off the cost price or valuation of a fixed asset since it was brought into the balance sheet of an organisation.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Accumulated Depreciation are sourced/syndicated and enhanced from:
This glossary post was last updated: 23rd December 2018.