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depreciation vs declining balance method

declining balance method vs depreciation

depreciation and declining balance method both are nouns.

Word NounAdjectiveVerbAdverb
depreciation Yes No No No
declining balance method Yes No No No
As nouns, declining balance method is a hyponym of depreciation; that is, declining balance method is a word with a more specific, narrower meaning than depreciation:
  • depreciation: decrease in value of an asset due to obsolescence or use
  • declining balance method: a way of calculating the depreciation of an asset whereby one subtracts a certain percentage of its current value each year.
Other hyponyms of depreciation include straight-line method, straight-line method of depreciation, write-down, write-off, declining balance method of depreciation, tax depreciation.
depreciation (noun) declining balance method (noun)
a decrease in price or value a way of calculating the depreciation of an asset whereby one subtracts a certain percentage of its current value each year.
a communication that belittles somebody or something
decrease in value of an asset due to obsolescence or use
Difference between depreciation and declining balance method

Words related to "depreciation"

Words related to "declining balance method"

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