depreciation method

A set formula used in estimating an asset’s use, wear, or obsolescence over the asset’s useful life.

• This method is useful in calculating the allowable annual tax deduction for depreciation. See USEFUL LIFE. [Cases: Internal Revenue 3470–3505; Taxation 1044.C.J.S. Internal Revenue §§ 223–249, 252, 259–265, 278, 489, 671, 673, 799; Taxation §§ 1741–1742.]

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词条贡献者

法律翻译Jenna，欧洲顶尖商学院国际经济法专业，专注翻译各类与投资基金和私募股权有关的法律文件。