Depreciation Reserve

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Definition: Depreciation Reserve

Depreciation Reserve
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What is the dictionary definition of Depreciation Reserve?

Dictionary Definition

n. a business fund in which the probable replacement cost of equipment is accumulated each year over the life of the asset, so it can be replaced readily when it becomes obsolete and totally depreciated.

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
https://payrollheaven.com/define/depreciation-reserve/
Modern Language Association (MLA):
Depreciation Reserve. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 22, 2024 https://payrollheaven.com/define/depreciation-reserve/.
Chicago Manual of Style (CMS):
Depreciation Reserve. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/depreciation-reserve/ (accessed: May 22, 2024).
American Psychological Association (APA):
Depreciation Reserve. PayrollHeaven.com. Retrieved May 22, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/depreciation-reserve/

Definition Sources

Definitions for Depreciation Reserve 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: 27th April, 2020 | 0 Views.