The financial definition for Asset Depreciation Range System:
A range of depreciable lives the IRS allows for particular classes of assets.
Similar Matches
Currency depreciation
Currency depreciation A decline in the value of one currency relative to another currency. Depreciation occurs when, because of a change in exchange rates, a unit of one currency buys fewer units of another currency.
Depreciation tax shield
Depreciation tax shield The value of the tax write-off on depreciation of plant and equipment.