depreciation charge

noun

: an amount in accounting that is commonly a fixed percentage of the original cost of a property and that is periodically charged off to expense or against revenue in order to compensate for the depreciation of the property

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Cite this Entry

“Depreciation charge.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/depreciation%20charge. Accessed 9 Dec. 2022.

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