Age-Life Depreciation

Business, Legal & Accounting Glossary

Definition: Age-Life Depreciation


Age-Life Depreciation


Full Definition of Age-Life Depreciation


A technique for estimating all forms of depreciation sustained by an asset. The effective age of the property is divided by the economic life of the property. For example, if the roof of an income is effectively 5 years old, and it used a total economic life of 25 years, it is 20 percent (25 divided by 5) depreciated based on an age-life depreciation calculation.


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Definition Sources


Definitions for Age-Life Depreciation are sourced/syndicated and enhanced from:

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

This glossary post was last updated: 19th November, 2021 | 0 Views.