accrued depreciation
McGraw-Hill Dictionary of Architecture & Construction:
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accrued depreciation
1. The reduction in actual value of property over a period of time, as a result of wear and tear, obsolescence, etc. 2. The accumulated reductions in the stated value of property over a period of time, entered on balance sheets for accounting or tax purposes.
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accrued depreciation
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McGraw-Hill Dictionary of Architecture & Construction
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc. All rights reserved.
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