Business / Finance / Sum-Of-The-Years-Digits Depreciation: A method of recording accelerated depreciation. Also called the sum-of-digits method, it allows the depreciation of an asset based on an inverted scale of the total digits of the asset's useful life. For example, if the useful life is four years, the years' digits (1, 2, 3, and 4) are summed to produce ten, and 4/10ths of the asset's depreciable cost is recognized as an expense the first year, 3/10ths the second year, and so on. See also straight-line method and double-declining balance.
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Business / Real Estate / External Depreciation: Reduction in a propertys value caused by outside factors (those that are off the property). MORE
Business / Finance / Earnings Before Interest, Taxes, Depreciation, And Amortization (EBITDA): A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of interest an MORE
Business / Finance / Earnings Before Interest, Taxes, And Depreciation (EBITD): A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of interest an MORE