wear and tear vs declining balance method
declining balance method vs wear and tearwear and tear and declining balance method both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| wear and tear | Yes | No | No | No |
| declining balance method | Yes | No | No | No |
As nouns,
declining balance method is a hyponym of
wear and tear; that is, declining balance method is a
word with a more specific, narrower meaning than
wear and tear:
- wear and tear: 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 wear and tear include
straight-line method, straight-line method of depreciation, write-down, write-off, declining balance method of depreciation, tax depreciation.
| wear and tear (noun) | declining balance method (noun) |
|---|---|
| decrease in value of an asset due to obsolescence or use | a way of calculating the depreciation of an asset whereby one subtracts a certain percentage of its current value each year. |
Words related to "wear and tear"
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