Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
wear and tear | Yes | No | No | No |
declining balance method of depreciation | Yes | No | No | No |
wear and tear (noun) | declining balance method of depreciation (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. |