depreciable
Subject to amortization
Depreciable describes assets whose value can be reduced over time for accounting or tax purposes.
A depreciable asset—like equipment, vehicles, or buildings—loses value through wear, obsolescence, or age, and that decline can be deducted as a business expense: The accountant classified the machinery as depreciable property.
Gradual debt reduction schedule
- fixed assetsLasting business property
- salvage valueAsset's worth when retired
- useful lifeExpected functional duration
- cost basisOriginal investment value
book value · capital expenditure · asset class · recovery period · GAAP · tangible assets · impairment · write-down
Carry on person
- obsolescenceState of becoming disused
- agingGrowing older over time
- declineDecrease or refuse
- devaluationLowering of currency worth
degradation · useful life · replacement · impairment · expiration · consumption · attrition · decay
Conclusion from premises
- tax basisInvestment's value for calculations
- IRSFederal tax collector
- recaptureSeize again after loss
- write-offRecorded value reduction
taxable income · cost recovery · investment property · business use · capitalization · tax shelter
amortization
Gradual debt reduction schedule
- fixed assetsLasting business property
- salvage valueAsset's worth when retired
- useful lifeExpected functional duration
cost basis · book value · capital expenditure · asset class · recovery period · GAAP · tangible assets · impairment · write-down · balance sheet
wear
Carry on person
- obsolescenceState of becoming disused
- agingGrowing older over time
- declineDecrease or refuse
devaluation · degradation · useful life · replacement · impairment · expiration · consumption · attrition · decay
deduction
Conclusion from premises
write-off · taxable income · cost recovery · investment property · business use · capitalization · tax shelter
precious, appreciate, appreciation, appraise, depreciate, appreciative, appreciated, unappreciated, appreciating