Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does double-declining-balance method mean?

SEARCHING
Suggestion/Report Error
double-declining-balance method
(DDB)
Noun

An accelerated depreciation/amortization method that doubles the percentage of the straight-line method by which the cost of an asset is expense each year of the asset's economic useful life.

Synonym(s): 
  • 200% declining-balance method; DDB method.
top
© 2015-2020 Pecunica LLC.  All rights reserved.
;