Amortization of an asset at a faster rate than usual. In some cases (e.g., data processing machines), accelerated amortization can be made tax-deductible, even if it is done in a shorter period than usual. The most common methods are a fixed percentage on the remaining amount to be amortized and the sum of the digits of the years. For tax purposes and to encourage investment, the government may authorize accelerated amortization for goods purchased during a specified period or place.
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