What does depreciation charge mean?
Definitions for depreciation charge
de·pre·ci·a·tion charge
This dictionary definitions page includes all the possible meanings, example usage and translations of the word depreciation charge.
Princeton's WordNet
depreciation chargenoun
an amount periodically charged to expense or against revenue in compensation for depreciation of property
ChatGPT
depreciation charge
Depreciation charge is an accounting method used to allocate the cost of a tangible or physical asset over its useful life or life expectancy. It represents how much of an asset's value has been used up or worn out over time. The depreciation charge effectively reduces the value of the asset on the company's balance sheet each year, which in turn impacts the company's net income. It is essentially an allowance for the wear and tear, deterioration, or obsolescence of the asset.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of depreciation charge in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of depreciation charge in Pythagorean Numerology is: 8
Translations for depreciation charge
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"depreciation charge." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/depreciation+charge>.
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