Depreciation
A noncash charge against assets, such as cost of property, plant, and equipment over the asset’s useful life. It is an expense associated with spreading (allocating) the cost of a physical asset over its useful life.
A noncash charge against assets, such as cost of property, plant, and equipment over the asset’s useful life. It is an expense associated with spreading (allocating) the cost of a physical asset over its useful life.