Define: Accumulated Depreciation

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Definition: Accumulated Depreciation

Quick Summary of Accumulated Depreciation

Total depreciation of a non-current (fixed) asset, deducted from original cost to give net book value.

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What is the dictionary definition of Accumulated Depreciation?

Dictionary Definition

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.

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https://payrollheaven.com/define/accumulated-depreciation/
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Accumulated Depreciation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 25, 2020 https://payrollheaven.com/define/accumulated-depreciation/.
Chicago Manual of Style (CMS):
Accumulated Depreciation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/accumulated-depreciation/ (accessed: February 25, 2020).
American Psychological Association (APA):
Accumulated Depreciation. PayrollHeaven.com. Retrieved February 25, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/accumulated-depreciation/

Definition Sources

Definitions for Accumulated Depreciation are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.