• In using the declining balance method, a company reports larger depreciation expenses during the earlier years of an asset’s useful life.


    Declining Balance Method meaning & definition 1 of Declining Balance Method.


  • a way of depreciating (= reducing the value of) a fixed asset in a companys accounts , in which the assets value is reduced by the same percentage each year, so that the reduction is less each year:

    Declining Balance Method meaning & definition 2 of Declining Balance Method.

Similar Words

What is Define Dictionary Meaning?

Define Dictionary Meaning is an easy to use platform where anyone can create and share short informal definition of any word.
Best thing is, its free and you can even contribute without creating an account.



This page shows you usage and meanings of Declining Balance Method around the world.