Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “sum of the years' digits method”

sum of the years' digits method

noun [S]     (abbreviation SYD, also sum of the digits method) ACCOUNTING
a reduction in the recorded value of particular assets where the amount subtracted from their value each year gets less as the assets get older
(Definition of sum of the years' digits method noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of sum of the years' digits method

Word of the Day

best man

a male friend or relation of the bridegroom who stands with him and helps him during a marriage ceremony

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More