Accelerated Cost Recovery System (ACRS)

Accelerated Depreciation

Accumulated Depreciation

Asset Cost

Book Value

Declining-Balance Method

Depreciation

Depreciation Expense

Depreciation Schedule

Estimated Useful Life

General Depreciation System (GDS)

Modified Accelerated Cost Recovery System (MACRS)

Residual Value

Salvage Value

Straight-Line Method

Straight-Line Rate

Trade-In-Value

Units-Of-Production Method