Accumulated Depreciation: The total amount of depreciation expense recorded to date for the company's fixed assets. On the balance sheet, this value is subtracted from the gross value of Property, Plant and Equipment to derive a net figure.

 

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Accumulated Depreciation: The total amount of depreciation expense recorded to date for the company's fixed assets. On the balance sheet, this value is subtracted from the gross value of Property, Plant and Equipment . . . View Full Definition

Accumulated Depreciation Account: This is an account held in the nominal ledger which holds the depreciation of a fixed asset until the end of the asset's useful life (either because it has been scrapped or sold). It is cred . . . View Full Definition

Accrued Depreciation: 1. In accounting, a bookkeeping account that shows the total amount of depreciation taken on an asset since it was acquired, also called accumulated depreciation. 2. For appraisal purposes, . . . View Full Definition

External Depreciation: Reduction in a propertys value caused by outside factors (those that are off the property).

Earnings Before Interest, Taxes, Depreciation, And Amortization (EBITDA): A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of i . . . View Full Definition

Straight-Line Depreciation: Allows shareholder to cast all of the shareholder's votes for each candidate for the board of directors.

Earnings Before Interest, Taxes, And Depreciation (EBITD): A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of i . . . View Full Definition

Sum-Of-The-Years-Digits Depreciation: A method of recording accelerated depreciation. Also called the sum-of-digits method, it allows the depreciation of an asset based on an inverted scale of the total digits of the asset's use . . . View Full Definition

Units-Or-Production Depreciation Method: The depreciation method in which the cost of an asset is allocated to each period on the basis of the productive output or use of the asset during the period.

Earnings Before Interest Tax Depreciation And Amortization (EBITDA): Is used to isolate operating numbers from long-term costs -- for example, goodwill resulting from a flurry of acquisitions.