Depreciated Cost

Depreciated Cost: Understanding the Adjusted Basis of Fixed Assets
Depreciated Cost, calculated as the original cost of a fixed asset minus accumulated depreciation, represents the adjusted basis of that asset. It is a crucial concept in accounting and finance, affecting tax calculations, financial statements, and investment appraisals.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.