Depreciation allowance definition

Depreciation allowance means an estimate of the annual cost of using an item that is based on its acquisition cost divided by its assumed or estimated useful life.
Depreciation allowance means a loss of value expressed in terms of a percentage of replacement or reproduction cost new. (2011 Real Property Assessment Manual and Guidelines Book 2, Glossary, pg. 6)
Depreciation allowance means a loss in value expressed in terms of a percentage of replacement or reproduction cost new. The depreciation allowance applies to all real property improvements constructed before March 2, 1995. Real property improvements constructed after March 2, 1995 shall not receive a physical depreciation allowance.

Examples of Depreciation allowance in a sentence

  • Depreciation allowance at a higher rate is available in respect of plant and machinery installed for manufacturing goods based on indigenous technology developed in recognized in- house R&D units, Government R&D institutions, national laboratories and Scientific andIndustrial Organizations (SIRO).

  • Depreciation allowance was calculated on an average asset life of 20 years using the straight-line method.

  • UNIT III: INCOME FROM BUSINESS & PROFESSIONExpress allowances and disallowances, tax incentives on R & D expenses, Depreciation allowance, method of accounting.

  • Deferred tax liabilities 2009HK$’000 Depreciation allowance in excess of related depreciation Balance at beginning and end of year 170 170Group 2008HK$’000 Long Far Pharmaceutical Holdings Limited Annual Report 2009 59 23.

  • Depreciation allowance for new ships is 20 percent in the first year and 10 percent thereafter on a straight line basis, while the rate for used ships is set at 10 percent.

  • The Company will provide, at no cost to the employee, in- surance against loss due to fire or theft (as per insurance regulations) to a maximum value of (inventory to be supplied by the employee to the Committee (three from the Union three from Management) for the pur- poses of Tool Insuranceand Tool Depreciation allowance).

  • Depreciation allowance The allowance for depreciation will be calculated using the remaining economic life of the asset.

  • The Company will provide, at no cost to the employee, insurance against loss due to fire or theft (as per insurance regulations) to a maximum value of $4,000 (inventory list to be supplied by the employee to the Employer for the purpose of Tool Insurance and Tool Depreciation allowance).

  • Depreciation allowance where asset acquired by taxpayer as a result of a transfer under a matrimonial agreennent 141}.

  • Depreciation allowance is the cost used by the project to maintain the total amount of the tokenized mining pool equal to or greater than the mining power backed by the circulating BTCTH.Mined bitcoins, after deducting maintenance and depreciation allowances, are sent daily to a de- centralized dApp and pooled.


More Definitions of Depreciation allowance

Depreciation allowance means a loss of value expressed in terms of a percentage of replacement or reproduction cost new.

Related to Depreciation allowance

  • Depreciation means, for each fiscal year, an amount equal to the federal income tax depreciation, amortization, or other cost recovery deduction allowable with respect to an asset for such year, except that if the Carrying Value of an asset differs from its adjusted basis for federal income tax purposes at the beginning of such year or other period, Depreciation shall be an amount which bears the same ratio to such beginning Carrying Value as the federal income tax depreciation, amortization, or other cost recovery deduction for such year bears to such beginning adjusted tax basis; provided, however, that if the federal income tax depreciation, amortization, or other cost recovery deduction for such year is zero, Depreciation shall be determined with reference to such beginning Carrying Value using any reasonable method selected by the General Partner.

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • emission allowance means a financial instrument as defined in point (11) of Section C of Annex I of Directive [new MiFID].

  • Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses.

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Consolidated Depreciation Expense for any period means the depreciation expense of the Issuer and the Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Rent Expense means, for any Person for any period of determination, such Person’s operating lease expense computed in accordance with GAAP, including, without limitation, all contingent rentals, but excluding all common area maintenance expenses.

  • Consolidated Depreciation and Amortization Charges means, for any period, the aggregate of all depreciation and amortization charges for fixed assets, leasehold improvements and general intangibles (specifically including goodwill) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Consolidated Depreciation and Amortization Expense means, with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees or costs, capitalized expenditures, customer acquisition costs and incentive payments, conversion costs and contract acquisition costs, the amortization of original issue discount resulting from the issuance of Indebtedness at less than par and amortization of favorable or unfavorable lease assets or liabilities, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

  • Tax Expense means, for any period, the tax expense (including federal, state, provincial, local, foreign, franchise, excise and foreign withholding taxes) of the Loan Parties and their Subsidiaries, including any penalties and interest relating to any tax examinations for such period, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Rent Expense means, with reference to any period, all payments under Operating Leases to the extent deducted in computing Consolidated Net Income, calculated in accordance with GAAP for the Borrower and its Subsidiaries on a consolidated basis for such period.

  • Utility Allowance means a monthly allowance, as provided by the local public housing authority or as otherwise allowed by HUD rules and the GLO rules, for utilities and services (excluding telephone services) to be paid by the tenant.

  • Depreciation and Amortization means the depreciation and amortization accruing during any period of determination with respect to a Person, as determined in accordance with GAAP.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Fixed Allowances For the purpose of this guarantee and for the purpose of establishing compliance with this guarantee, the following shall be used as fixed quantities and allowances: Operational Empty Weight minus Tare, OEW: 350,000 Pounds Takeoff and Climbout Maneuver: Fuel 3,230 Pounds Distance 7 Nautical Miles Usable reserve fuel remaining upon completion of the approach and landing maneuver: 30,000 Pounds

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Non-Cash Compensation Expense means any non-cash expenses and costs that result from the issuance of stock-based awards, partnership interest-based awards and similar incentive based compensation awards or arrangements.

  • PHARMACY ALLOWANCE means the lower of:

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Maximum Applied Water Allowance (MAWA) means the upper limit of annual applied water for the established landscaped area as specified in Section 492.4. It is based upon the area's reference evapotranspiration, the ET Adjustment Factor, and the size of the landscape area. The Estimated Total Water Use shall not exceed the Maximum Applied Water Allowance. Special Landscape Areas, including recreation areas, areas permanently and solely dedicated to edible plants such as orchards and vegetable gardens, and areas irrigated with recycled water are subject to the MAWA with an ETAF not to exceed 1.0. MAWA = (ETo) (0.62) [(ETAF x LA) + ((1-ETAF) x SLA)]

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Basic Monthly Earnings means your monthly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.

  • Class Expenses means the expenses of registering a Class in any jurisdiction or with any stock exchange, regulated market or settlement system, and all other expenses arising from such registration and such further expenses howsoever arising as may be disclosed in the Prospectus. The cost of converting currency and the costs and gains/losses of the hedging transactions are borne solely by the relevant Class.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • Allowance means compensation payable for the performance of special or additional duties;