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

illusion

an idea or belief that is not true

Word of the Day

Lies, lies, lies!

by Kate Woodford,
February 25, 2015
​​​ According to sociologists (=people who study the relationships between people living in groups), we are good at lying. As a species, we have developed a remarkable ability to deceive each other (= persuade each other that something false is true). Being able to say things that are not true can help with

Read More 

showrooming noun

February 23, 2015
the activity of examining a product in a physical store and then making the purchase with an online retailer Amazon’s new smartphone is specifically designed to make showrooming fast and easy.

Read More