What is another word for depreciation charge?

Pronunciation: [dɪpɹˌiːʃɪˈe͡ɪʃən t͡ʃˈɑːd͡ʒ] (IPA)

The term "depreciation charge" refers to the reduction in the value of an asset over time. It is commonly used in accounting to describe the cost of using an asset for business purposes. There are several other synonyms for this term, including asset depreciation, capital cost allowance, amortization, and depletion expense. These terms are often used interchangeably, depending on the type of business or industry. For example, asset depreciation is commonly used in manufacturing and construction industries, while capital cost allowance is often used in the real estate and mining sectors. Regardless of the term used, the purpose of a depreciation charge is to accurately reflect the true value of an asset over its useful life.

Synonyms for Depreciation charge:

What are the hypernyms for Depreciation charge?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    business expense, operating cost, book cost, financial cost, Accounting term, accounting expense, enterprise cost.

What are the hyponyms for Depreciation charge?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.
  • hyponyms for depreciation charge (as nouns)

Related words: accounting depreciation, depreciation expense, depreciation calculations, accelerated depreciation, depreciating assets, tableau depreciation expense

Related questions:

  • What is accounting depreciation?
  • What is depreciation expense?
  • How do you calculate depreciation?
  • Why is depreciation used in accounting?
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