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.

Full Definition of Accumulated Depreciation

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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.

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https://payrollheaven.com/define/accumulated-depreciation/
Modern Language Association (MLA):
Accumulated Depreciation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. August 23, 2019 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: August 23, 2019).
American Psychological Association (APA):
Accumulated Depreciation. PayrollHeaven.com. Retrieved August 23, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/accumulated-depreciation/

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