English version

fixed instalment system

From Longman Business Dictionaryfixed instalment systemˌfixed inˈstalment ˌsystem [countable] British EnglishACCOUNTING when the recorded value of an asset is reduced by a certain amount each year in a company’s accounts. This amount is recorded as a loss until the value of the asset becomes equal to its value at the end of its useful life system
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