Define: Accumulated Depreciation

UK Accounting Glossary

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.




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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Full Definition of Accumulated Depreciation



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Cite Term


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https://payrollheaven.com/define/accumulated-depreciation/
Modern Language Association (MLA):
Accumulated Depreciation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 18, 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: November 18, 2019).
American Psychological Association (APA):
Accumulated Depreciation. PayrollHeaven.com. Retrieved November 18, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/accumulated-depreciation/

Definition Sources


Definitions for Accumulated Depreciation are sourced/syndicated from:


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