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
Pictures of the day
Do you know what each of these is called?
Click on the pictures to check.