This term is part of our Unit 7: Depreciation and Amortization vocabulary list. Please note that pronunciations can vary slightly even in the same dialect.
USA
UK
USA
UK
a method of depreciation centred around cost recovery and a constant rate of return upon any asset that is being depreciated
USA
UK
"Most production machinery is depreciated using annuity depreciation as it allows the calculation of a per unit produced cost for the asset."