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In general English usage, the verb "to deprecate" means "to express disapproval of (something)". It derives from the Latin deponent verb deprecari, meaning "to ward off (a disaster) by prayer". An early documented usage of "deprecate" in this sense is in Usenet posts in 1984, referring to obsolete features in 4.2BSD and the C programming ...
An asset depreciation at 15% per year over 20 years [1] In accountancy, depreciation refers to two aspects of the same concept: first, an actual reduction in the fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wears, and second, the allocation in accounting statements of the original cost of the assets to periods in which the assets are ...
Depreciation recapture: When selling a depreciated property, investors face a tax called depreciation recapture. This is how the IRS gets paid the taxes you didn’t pay when you depreciated the ...
The person who changed it to self-depreciation was correct. First consider the meaning of deprecate and depreciate. deprecate: 1. to express earnest disapproval of. 2. to urge reasons against; protest against (a scheme, purpose, etc.). 3. to depreciate; belittle. 4. Archaic. to pray for deliverance from. depreciate: 1. To lessen the price or ...
Modeling depreciation of a durable as delivering the same services from purchase until failure, with zero scrap value (rather than slowing degrading and retaining residual value), is referred to as the light bulb model of depreciation, [1]: S150 or more colorfully as the one-hoss shay model, after a poem by Oliver Wendell Holmes Sr., about a ...
The word is now also used to mean "play down", "belittle" or "devalue", a shift that some disapprove of, as it suggests the word is being confused with the similar word depreciate; in fact, AHD4 states that in this sense deprecate has almost completely supplanted depreciate; however, a majority of the dictionary's Usage Panel approved this ...
Actual cash value is computed by subtracting depreciation from replacement cost. [1] The depreciation is usually calculated by establishing a useful life of the item determining what percentage of that life remains. This percentage multiplied by the replacement cost equals the actual cash value.
The residual value derives its calculation from a base price, calculated after depreciation. Residual values are calculated using a number of factors, generally a vehicles market value for the term and mileage required is the start point for the calculation, followed by seasonality, monthly adjustment, lifecycle, and disposal performance.