HomeDefinitionsCompareDebt Fully depreciatedThe financial definition for Fully depreciated:An asset that has already been charged with the maximum amount of depreciation allowed by the IRS for accounting purposes. Similar MatchesDepreciated costDepreciated costIn terms of economics: The measure of cost of capital consumption during production, e.g., machine and equipment wear. In terms of finance: The process of amortization of fixed assets (equipment) to spread the cost over the depreciable life of the assets. Click to compare definitions of Fully depreciated Click to view definitions beginning fu |