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Accelerated Cost Recovery System

A system of asset depreciation, for tax purposes, that determines the rate of appreciation for an entity's assets. It involves...

Tax Depreciation

A tax deduction that an entity claims for the natural wear and tear of its assets (tangible assets) over their...

Book Depreciation

Depreciation of fixed assets (tangible assets) that involves the allocation of the cost of an asset over its useful life....

Accounting Depreciation

Depreciation of fixed assets (tangible assets) that involves the allocation of the cost of an asset over its useful life....

Depreciated Cost

The remaining cost of an asset (particularly a fixed asset) after deducting any accumulated depreciation from the asset's original cost...

PP&E

It stands for property, plant and equipment; a category of tangible items/ tangible assets that an entity holds for the...

PPE

It stands for property, plant and equipment; a category of tangible items/ tangible assets that an entity holds for the...

Property, Plant and Equipment

A category of tangible items/ tangible assets that an entity holds for the purpose of using them in the production...

Non-Cash Charge

An expense/ charge that does not involve a cash transaction- that is, it constitutes no cash outflows during the accounting...

Non-Cash Expense

An expense that does not involve a cash transaction- that is, it constitutes no cash outflows during the accounting period....