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... > social science subjects > business and management > finance > financial management > accounting > depreciation
social science subjects > health and social care > health care management > accounting and activity-based costing > depreciation
social science subjects > business and management > finance > depreciation

Preferred term

depreciation  

Definition

  • Depreciation is a concept most commonly associated with long-lived assets, such as property and equipment, and represents a process whereby the cost of the assets, less any residual or salvage value, is charged to income in a rational and systematic manner over the estimated useful life of that asset. Depreciation is a process of allocation, not valuation. [Source: Encyclopedia of Health Care Management; Depreciation]

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https://concepts.sagepub.com/social-science/concept/depreciation

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