The Oxford Dictionary of Economics

• The Oxford Dictionary of Economics
• About
• Get help in the Business Group

accelerated depreciation

accelerated depreciation
The right to write off capital goods for tax purposes faster than the rate at which they would normally be depreciated. This is intended to encourage investment, as it enables a company to defer its taxes when it invests. Under accelerated depreciation a firm's profits net of depreciation, and thus its tax liabilities, are lower than they would have been under normal depreciation. Once the capital goods are written off, profits net of depreciation become higher than they would have been under normal depreciation, and tax bills rise again.

Oxford University Press Titles

• The Concise Oxford Dictionary of Archaeology
• The Oxford Dictionary of Economics
• The Oxford Companion to American Literature
• The Oxford Companion to American Military History
• The Oxford Companion to Classical Civilization
• The Oxford Companion to English Literature
• The Oxford Companion to Fairy Tales
• The Oxford Companion to Shakespeare
• The Oxford Dictionary of Plays
• The Oxford Dictionary of Art
• Oxford Dictionary of Sociology
• Oxford Dictionary of World History
• Oxford Dictionary of World Mythology