1 definition found for this term.
Definitions are presented in the order source books were published (most recent first).
Financial Skills for Professionals$65.00 – $104.00
A method of allocating costs against income that records a greater portion of the total cost in the earlier years of an asset’s life, and a lower portion in later years. For example: declining balance amortization allocates more in the earlier years than does the straight-line method.