accrued depreciation


Also found in: Financial, Acronyms.

accrued depreciation

1. The reduction in actual value of property over a period of time, as a result of wear and tear, obsolescence, etc.
2. The accumulated reductions in the stated value of property over a period of time, entered on balance sheets for accounting or tax purposes.
References in periodicals archive ?
In these cases, overall age-life baseline depreciation can comprise all forms of accrued depreciation or merely baseline depreciation, including incurable physical deterioration and ordinary incurable functional obsolescence.
The criticism of the overall system of measuring accrued depreciation from market sales is that the exercise essentially results in the cost approach's duplicating the sales comparison approach.
The deduction for any item of special incurable functional obsolescence is limited to the reproduction cost remaining at this stage in application of the suggested cost approach method for measuring accrued depreciation by the breakdown method.
The entire measurement of accrued depreciation is dependent on the highest and best use of the facility at the time of valuation.