This is a limited preview — please sign in or subscribe to learn everything we know about the term “accumulated depreciation”.

accumulated depreciation

noun

Definitions of accumulated depreciation

  • the total loss of value of a fixed asset (or of all fixed assets) recorded in a company’s accounts

    "The contract price listed on section 4-2 is evaluated from the price on the enclosed lease agreement less accumulated depreciation expense."

Phrase Bank for accumulated depreciation

Discounts for lawyers and law firms

Save time and money for you and your clients with our unique knowledge base.

Learn more

Improve your Legal English skills

Try the sample and preorder our digital coursebook, the English for Law at a big discount!

Try the sample unit!
TransLegal