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declining balance method vs depreciation

depreciation vs declining balance method

declining balance method and depreciation both are nouns.

Word NounAdjectiveVerbAdverb
declining balance method Yes No No No
depreciation Yes No No No
As nouns, depreciation is a hypernym of declining balance method; that is, depreciation is a word with a broader meaning than declining balance method:
  • declining balance method: a way of calculating the depreciation of an asset whereby one subtracts a certain percentage of its current value each year.
  • depreciation: decrease in value of an asset due to obsolescence or use
Other hypernyms of declining balance method include wear and tear.
declining balance method (noun) depreciation (noun)
a way of calculating the depreciation of an asset whereby one subtracts a certain percentage of its current value each year. a decrease in price or value
a communication that belittles somebody or something
decrease in value of an asset due to obsolescence or use
Difference between declining balance method and depreciation

Words related to "depreciation"


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