Business terms and jargon explained. Your business dictionary

What is Depreciation

Is the reducing of value of a fixed asset to reflect the passing of time or wear and tear. If the value of a car is 35,000 now. Next year its value will be smaller because of the passing of time. E.g, next year its value may be 25,000 in which case the value would have depreciated by 10,000.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Community Patent 51% attack Financial Constraints Tax Form - P9
Capital Goods Scheme European Council Write-off E-Zine
In camera Unfranked Receipts Management buyout Excise Duty
Primogeniture Deadline Hardening - Systems UN
Outward Processing Relief Drop Catch Ad infinitum Gold fix
Past Service Jobber Eminant Domain Domicile of dependency
Creditors Fiat money Ombudsman Financial equity
Arbitration Act of God Office Of Exit Locked box
Procurator Ultra vires Change Control Sub nomine
Ex rights Counsel Credit Scoring Drawings

Term created / updated 2005-07-16 23:12:15

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.