depreciation in Danish
depreciation in Danish is afskrivning — depreciation means 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.
depreciation in Danish
afskrivning
(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.
What does "depreciation" mean?
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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.
"The vans are written off over five years using straight-line depreciation."
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noun A fall in the value or price of something over time.
"A new car suffers heavy depreciation in its first year."
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depreciation in a sentence
- The vans are written off over five years using straight-line depreciation.
- Profits fell once depreciation was charged against the new plant.
- A new car suffers heavy depreciation in its first year.
- Depreciation of the currency made imports dearer.
Similar words in Danish
Common Danish translations
Frequently asked questions
What is "depreciation" in Danish?
"depreciation" in Danish is afskrivning. depreciation means: 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.
How do you use "depreciation" in a sentence?
Example: "The vans are written off over five years using straight-line depreciation." In Danish, "depreciation" is afskrivning.
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