sum of the years' digits method Meaning in the Cambridge English Dictionary
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Meaning of “sum of the years' digits method” in the English Dictionary

"sum of the years' digits method" in Business English

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sum of the years' digits methodnoun [S]

uk   us   (abbreviation SYD, also sum of the digits method) ACCOUNTING
a ​reduction in the ​recordedvalue of particular ​assets where the ​amountsubtracted from their ​value each ​year gets less as the ​assets get older
(Definition of sum of the years' digits method from the Cambridge Business English Dictionary © Cambridge University Press)
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