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declining balance method vs wear and tear

wear and tear vs declining balance method

declining balance method and wear and tear both are nouns.

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

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