Concept information
Término preferido
depreciation of property
Definición
- Depreciation of property relates to the declining value of a real estate asset over time. By and large, depreciation of property is an accounting methodology used in calculating the year-to-year reduced value of an eligible property class that is then reported on the income tax returns and financial statements of private sector investors and business entities. [Source: The Encyclopedia of Housing; Depreciation of Property]
Concepto genérico
Pertenece al grupo
URI
http://data.loterre.fr/ark:/67375/N9J-JD4T9P23-1
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