afskrivning — meaning in English
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English meaning
- depreciation noun In accounting, the spreading of the cost of an asset over the years it is used, recorded as an expense to reflect the value it loses through wear and age.
Senses
afskrivning is used for these senses in English:
- depreciation (accounting) The measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets.
depreciation — full definition
- noun In accounting, the spreading of the cost of an asset over the years it is used, recorded as an expense to reflect the value it loses through wear and age.
- noun A fall in the value or price of something over time.