Meaning of “depreciated cost” in the English Dictionary

business-english dictionary

"depreciated cost" in Business English

See all translations

depreciated costnoun [ C ]

uk us

ACCOUNTING, TAX the value of an asset that is calculated by reducing its value when it was new by the total amount of depreciation:

The deal allows the airline to value property assets on a market basis, rather than the depreciated cost.

(Definition of “depreciated cost” from the Cambridge Business English Dictionary © Cambridge University Press)