Business Terms and Jargon Explained

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

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   

MANGO Liability In delicto
Loti In limine Continuous Supply Of Goods
Bad Debt Relief Crown Court Multicurrency
Residue Market equilibrium Ingot
Faciendum Endogenous Convergence Easement
ISA File Permissions Mission statement
Contingency Chargeable Asset Intangible Assets
Capital intensity Tax code NDA
Business Impact Counterparty Class Licence
Tontine House Organ Bid
Qualifying revolvers Bullionism Adler32
APK Force Majeure Affiliate
Warrant of detention Corporate Officers Period Entry

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 jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.