This term is part of our Unit 7: Depreciation and Amortization vocabulary list. Please note that pronunciations can vary slightly even in the same dialect.
USA
UK
USA
UK
the method for reducing the value of a tangible asset by a variable percentage depending on how long the asset has been on the books
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UK
"A lot of people are put off by the sum-of-years-digits method of depreciation, as it can seem complicated, but it does have some advantages."