double declining balance method
noun[S]
ACCOUNTINGukus(alsodouble declining balance);(alsodouble declining balance depreciation method);(also200 percent declining balance method)themethodofcalculatingthelossin thevalueof anassetoveritsusefullifein whichtwicetheusualrateissubtractedeachaccountingperiod:
Thedoubledecliningbalancemethodis anacceleratedmethodsince alargepartof thecostis expensed at thebeginningof thelifeof theasset.