Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “fixed instalment system”

fixed instalment system

noun [C]
 
 
ACCOUNTING a method of depreciating (= spreading the cost of something over several financial years) an asset in a company's accounts in which the same amount is subtracted every year: We decided to depreciate the machinery at 10% per annum under the fixed instalment system. → See also straight-line method
(Definition of fixed instalment system from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of fixed instalment system?
Add Cambridge dictionaries to your browser to your website

Word of the Day

look on the bright side

to find good things in a bad situation

Word of the Day

The language of work

by Kate Woodford,
October 15, 2014
Most of us talk about our jobs. We tell our family and friends interesting or funny things that have happened in the workplace (=room where we do our job), we describe – and sometimes complain about – our bosses and colleagues and when we meet someone for the first time, we tell

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More