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DOUBLE-DECLINING BALANCE DEPRECIATION

Statistics Directorate    
French Equivalent: Amortissement degressif à taux double

Definition:
Double-declining balance is a form of geometric depreciation in which the constant annual rate of capital consumption is set equal to 2*V/T, where V is the value of the asset when new and T is the service life of the asset in years.

Source Publication:
Measuring Capital: OECD Manual, Annex 1 Glossary of Technical Terms Used in the Manual, OECD, 2001.

Hyperlink:
http://www.oecd.org/dataoecd/61/57/1876369.pdf

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Monday, April 28, 2003