depreciation reserve

depreciation reserve. An account, esp. of a public utility, built up to offset the depreciation of property because of time and use, so that at the end of the property’s service, there is enough money to replace the property. [Cases: Public Utilities 127. C.J.S. Public Utilities § 28, 37.]

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词条贡献者

译者Lynn，毕业于法国顶尖的高级翻译学院，擅长翻译各种与涉及美国证券法的诉讼和调查（包括告密者调查）相关的法律文件。