Allowance For Depreciation

Business, Legal & Accounting Glossary

Definition: Allowance For Depreciation


Allowance For Depreciation


Full Definition of Allowance For Depreciation


An accumulated expense that writes off the cost of a fixed asset over its expected useful life.


Cite Term


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Page URL
https://payrollheaven.com/define/allowance-for-depreciation/
Modern Language Association (MLA):
Allowance For Depreciation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 04, 2021 https://payrollheaven.com/define/allowance-for-depreciation/.
Chicago Manual of Style (CMS):
Allowance For Depreciation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/allowance-for-depreciation/ (accessed: December 04, 2021).
American Psychological Association (APA):
Allowance For Depreciation. PayrollHeaven.com. Retrieved December 04, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/allowance-for-depreciation/

Definition Sources


Definitions for Allowance For 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: 20th November, 2021 | 0 Views.