Accelerated Depreciation

Any depreciation method that produces larger deductions for depreciation in the early years of a asset's life. Accelerated cost recovery system (ACRS) , which is a depreciation schedule allowed for tax purposes, is one such example.

The method used to write off the cost of a fixed asset faster than using the Straight Line method.

Any depreciation method that allows for greater deductions or charges in the earlier years of an asset's depreciable life- with charges becoming progressively smaller in each successive period. Examples include MACRS- ACRS- double declining balance and sum-of-the-years digits methods.