Depreciation: related pages

Amortisation is the equivalent of depreciation for intangible assets.

The allocation of cost to the profit and loss account, spread out over several years according the the measured usage of the asset in each year.

Assets that have a physical form and financial assets, as opposed to intangible assets.

The accounting principle of matching of costs to the revenues they generate.

The assumption for the purposes of accounting or valuation, or the fact in the case of a sale, that a business will continue to operate.

The value of assets as shown on the balance sheet.

The value of the asset at the end of its useful life (for the purpose of depreciation), or at the end of a lease.

Fixed assets are assets that have a remaining life over an year.

An asset value based on the actual purchase cost, or the accounting principle that requires this.

A lease that is a way of raising money to buy the asset leased, rather than a true rental.