Sentence Examples


  • Net Book Value The original cost of an Asset less its accumulated Depreciation to date.
  • The net worth of these assets has been calculated in accordance with the depreciation described in the Profit and loss explanatory notes.
  • Capital allowances substitute for depreciation, which can be claimed at a rate of 25% per year on a reducing balance basis.
  • Capital allowances substitute for depreciation, which can be claimed at a rate of 25% per year on a reducing balance basis.
  • The grant is recognized as income over the life of a depreciable asset by way of a reduced depreciation charge.

How would you define depreciation? Add your definition here.

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