The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

UNITS-OF-OUTPUT DEPRECIATION Definition & Legal Meaning

Definition & Citations:

Depreciation method calculated based on an asset’s use instead of time it is in service and matching expense of depreciation to generated revenue.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.