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Noun (thing)
Accelerated depreciation
a term used to show that the reduction of an asset's value happens faster at the start of its useful life than at the end
Assets like vehicles lose a lot of value in the first year of their life, which is why accelerated depreciation is such a useful tool.
Noun (thing)
Accrual accounting
an accounting method that measures the performance and position of a company by recognizing economic events regardless of when cash transactions occur
The accountant advised to operate an accrual accounting system for the small start-up, as he said it gave a more accurate picture of the true financial state.
Verb (infinitive)
Allocate
distribute according to an existing plan
After studying the budget, it was clear that the marketing department had been allocated more than was needed.
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