This term is part of our Unit 4: Tax Accounting vs GAAP vocabulary list. Please note that pronunciations can vary slightly even in the same dialect.
USA
UK
USA
UK
a method which imposes a set rate of depreciation on the remaining balance of the asset
USA
UK
"The new premises cost $100,000 but as we will be using reducing balance depreciation over 5 years, the first year will cost us the most."