ACCUMULATED DEPRECIATION Definition

Bookmark and Share

ACCUMULATED DEPRECIATION is the cumulative charges against the fixed assets of a company for wear and tear or obsolescence.

Learn new Accounting Terms

OPPORTUNISM is a condition of self-interest seeking with guile whereby one party has information that the other party does not.

APPLICATION RATE, OVERHEAD is a rate used to apply manufacturing overhead to output; estimated factory overhead for a period divided by the estimated application base.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.