Double Declining Balance Depreciation Method


Definition of "Double declining balance depreciation method"

Accelerated method in which a fixed percentage factor of two times the straight-line rate is multiplied each year by the declining balance of the fixed assets book value.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Open Occupancy

Housing where affirmative action is proactively pursued protecting the housing rights of people of a ...

Conforming Mortgage

A loan eligible for purchase by the two major federal agencies that buy mortgages, Fannie Mae and Fr ...

Value Reporting Form

Form that provides coverage for a business whose inventory has fluctuating values during the year. T ...

Net Increase

Amount of the increase in the book of business of an insurance company over a specified time interva ...

Wholesale Lender

A lender that provides loans through mortgage brokers or correspondents. ...

Warehousing Requirements

Structural, storage, and shelving characteristics associated with a warehouse. ...

Related Real Estate FAQ

What Is A Basic Policy?

A basic policy is a homeowners insurance policy that covers certain perils. ...

What Is A Proprietary Lease?

A proprietary lease is lease used for co-ops that give the shareowners the right to live in a partic ...

What Is Underwriting?

Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...

What Is Accession?

The right of a property owner to have and enjoy all of the advantages of property ownership includin ...

What Do I Need To Know About Pet Insurance?

If you own a pet, i\'m sure you\'ve been in a situation where the vet bills have been much higher th ...

What Is A Housing Ratio?

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

What do Real Estate Attorneys do? What is Escrow and how does it Work? When to buy a house 7 Tips for a First Time Homebuyer Real Estate Open House - The Dos and Don

FAQ

Do I need Earthquake Insurance? Do I need Life Insurance? What is a lifetime rate cap? What is an assumable mortgage? What is Disability Insurance?