A method of depreciating an asset at a rate faster than under the straight-line method.

Depreciation methods that write-off the cost of an asset at a faster rate than the write-off under straight-line method.

A method of calculating depreciation in which a larger portion of depreciation is charged in early years rather than in later years.

A faster method of depreciating a business asset, which allows for larger deductions in the early years of the asset's "life," and smaller deductions later. (See also “ Depreciation,” " Straight-line depreciation.")

Any depreciation method that allows for greater deductions or charges in the earlier years of an asset's depreciable life. Deductions become progressively smaller in each successive period.

Depreciation methods that allow a taxpayer to take faster write-offs than with straight-line during the early part of an asset's useful life.

A depreciation method that provides for a high depreciation expense in the first year of use of an asset, and a gradually declining expense thereafter.

A depreciation method that allows you to deduct a greater portion of the cost of depreciable property in the first years after the property is placed in service, rather than spreading the cost evenly over the life of the asset, as with the straight-line depreciation method.

Source: Economics: Principles & Practices Definition: schedule that spreads depreciation over fewer years than normal to generate larger tax reductions (p. 245)

A method of cost write-off in which depreciation allowances are greater in the first few years of ownership than in subsequent years. This permits an earlier recovery of capital and a faster tax write-off of an asset.

A method of calculating depreciation where deductions are higher in the early years of the asset's life. Contrasted with straight-line depreciation where deductions are equal for each year of the life of the asset.

subtracting a high proportion of the cost of capital investments from taxable profit during the first years of use.

The method(s) of depreciation for income tax purposes which increases the write-off at a rate higher than under the straight-line method of depreciation.

Is an accounting technique which provides larger than straight-line depreciation amounts in the early years and smaller than straight-line depreciation amounts in the later years.

Writing off an asset so that the cost is recovered in the early years of the asset's life.

Method that records greater depreciation than straight-line depreciation in the early years and less depreciation than straight-line in the later years of an asset's holding period. (See straight-line depreciation.)

A method of calculating the depreciation of certain property (that property which is used in a trade or business, or which is held for the production of income) at a faster rate than would be achieved from using the straight line method of depreciation.

any depreciation method that produces depreciation at a greater rate in the early years of an asset's life.

A system used for computing the depreciation of some assets in a way that assumes that they depreciate faster in the early years of their acquisition.

Any method of depreciation that results in greater depreciation deductions for an asset in the earlier years of its life, rather than uniform depreciation over its entire useful life (i.e. the straight-line depreciation method).

Various methods of depreciation that yield larger deductions in the earlier years of the life of an asset than does the straight-line method. The double (or 200 percent) declining balance method is an example of an accelerated depreciation method.

Depreciation is the reduction of the value of a property or chattel as a result of the passing of time (i.e. a new car may be worth $20,000.00, $18,000.00 after one year, $16,000.00 after two years etc.). Usually used for tax purposes, the depreciation in the value of a property may be used as a tax deduction. If a property or chattel loses its value quickly, this depreciation rate may be accelerated so that most of the value is lost in the first few years and then the depreciation rate decreases later in the property's life span. Also known as "Writing down" the value of a property (or a chattel).

Accounting practice by which a property owner can legally subtract a sizable portion of a property, whose value has dramatically depreciated within a short time period after it having been purchased.

A method of asset amortization that attempts to equate the book value of an asset to its market value at any point in time by making larger deductions in the earlier years of the asset's life.

Depreciation in which the deduction you can get on your taxes starts at its highest annual value in the first year and steadily diminishes to smaller values in later years.

An accounting procedure under which larger amounts of expense are apportioned to the earlier years of an asset's depreciable life and lesser amounts to the later years.

Methods of depreciation in which depreciation expense is greater in early years and less in later years (vs. Straight-Line). See: Depreciation.

A depreciation method that allows larger deductions in the early years of an asset's "life" and smaller deductions at the end of the period. (See "Straight-line depreciation.")

A bookkeeping method that depreciates property faster in the early years of ownership.

A bookkeeping method that provides faster property depreciation in the early years of ownership.

Depreciation allowances are larger during the first years of ownership than in the remaining years which permits an earlier recovery of capital and a quicker tax write-off.

Any depreciation method that produces larger deductions for depreciation in the early years of a assets life. Accelerated cost recovery system (A.C.R.S.), which is a depreciation schedule allowed for tax purposes, is one such example.

A method of calculating for tax purposes the depreciation of income property at a faster rate than would be achieved using the straight-line method. Note that any depreciation taken in excess of that which would be claimed using the straight-line rate is sub­ject to recapture as ordinary income to the extent of gain resulting from the sale. (See also STRAIGHT-LINE METHOD.)

An arrangement where a business is allowed for tax purposes to depreciate a new machine over a period shorter than its working life, often with a much heavier depreciation allowance in its first year than in the following years.

As opposed to the straight-line depreciation method, this method of depreciation allows for larger deduction amounts in the earlier years of ownership and lesser in the later years.

Depreciation occurring at a rate faster than equal amounts per year. This form of depreciation is usually used for special assets for income tax purposes.

An accounting method that allows a company to write off an asset's cost at a faster rate than the traditional method. It often results in a larger tax deduction on a companyâ€(tm)s income statement. See depreciation.

Accelerated method of depreciation of a fixed asset for income tax purposes. It provides for faster recovery of cost than traditional straight-line methods

Any depreciation method that produces larger deductions for depreciation in the early years of a project's life.

Any depreciation method that produces larger deductions for depreciation in the early years of an asset's life. Accelerated cost recovery system (ACRS), which is a depreciation schedule allowed for tax purposes, is one such example. Source

The declining balance and sum of the years digits method which give greater depreciation to the early years of the life of the assets.

For most business property, except real estate, the law allows you to depreciate the cost at a rate faster than would be allowed under straight-line depreciation. For example, automobiles and computers are assumed to have a five-year life for tax purposes. With straight-line depreciation you would be permitted to write off 20% of the cost each year; the accelerated method generally lets you deduct 20% of the business cost the first year, 32% the second, 19.2% the third, 11.52% in years four and five, and the remaining 5.8% in the sixth year. It takes six years to fully depreciate the property, thanks to the "midyear" convention, which, for simplicity, basically assumes that business assets are put into service in the middle of the year.

The allocation of the cost of a plant asset to expense in an accelerated manner. This means that the amount of depreciation in the earlier years of an asset's life is greater than the straight-line amount, but will be less in the later years. In total the amount of depreciation over the life of the asset will be the same as straight-line depreciation. The difference between accelerated and straight-line is the timing of the depreciation. For profitable companies, the use of accelerated depreciation on the income tax return will mean smaller cash payments for income taxes in the earlier years and higher cash payments for income taxes in later years. To learn more, see Explanation of Depreciation. To Top

A depreciation method involving high write-offs in the early years of an asset's life and lower write-offs later. This method lowers the value of an asset faster than straight-line depreciation.

The depreciation of an asset for tax, accounting or other purposes, at a rate faster than that at which the asset's economic useful life is declining in actual use or possession.

A bookeeping method that allows an owner to deduct a greater portion of the cost of depreciated property in the years right after it is bought.

Bookkeeping methods to depreciate property more quickly in the early years of ownership.

Accelerated depreciation refers to allowing a company to depreciate an asset (such as a unit of machinery) at a higher-than-normal rate, thus potentially reducing taxes payable in the years with the greater depreciation. Generally, this is for corporate profit tax, although it may be applied to other taxes in some cases.