Define: Depreciable Amount

Business, Legal & Accounting Glossary

Definition: Depreciable Amount

Quick Summary of Depreciable Amount

Cost of a non-current (fixed) asset minus residual value.

What is the dictionary definition of Depreciable Amount?

Dictionary Definition

The Depreciable Amount (also known as the basis for depreciation) is the cost of an asset, or other amount substituted for cost (in the financial statements), minus it’s residual value.


Full Definition of Depreciable Amount

Depreciable cost is calculated by subtracting the salvage value of an asset from it’s cost.


Examples of Depreciable Amount in a sentence

By year three, £16,000 has been written off, 80% of the depreciable amount for the car.
That amount, £225, represents it’s cost and is the depreciable amount for tax purposes if the unit is eligible for tax depreciation.
The depreciable amount (cost less expected proceeds from disposal) of an item of property, plant or equipment should be allocated on a systematic basis over the course of its useful life.
The loss is calculated as the value of the un-reimbursed costs of the preparatory work done less the depreciated amount.
Adjustments for depreciation to the amount claimed have been made in accordance with the corresponding statutory regulations.

Synonyms For Depreciable Amount

basis for depreciation

Cite Term

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.

Page URL
Modern Language Association (MLA):
Depreciable Amount. Payroll & Accounting Heaven Ltd. April 09, 2020
Chicago Manual of Style (CMS):
Depreciable Amount. Payroll & Accounting Heaven Ltd. (accessed: April 09, 2020).
American Psychological Association (APA):
Depreciable Amount. Retrieved April 09, 2020, from website:

Definition Sources

Definitions for Depreciable Amount 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: 6th January, 2020