TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

OBSERVED CONDITION METHOD [1 record]

Record 1 1981-12-03

English

Subject field(s)
  • Urban Housing
  • Finance
OBS

A method of estimating accrued depreciation which considers and estimates separately the deduction for physical deterioration, functional obsolescence and economic obsolescence. The several estimates are then added to provide a lump-sum deduction from reproduction cost new.

French

Domaine(s)
  • Habitation et logement (Urbanisme)
  • Finances
OBS

Procédé [...] axé sur l'identification et la catégorisation des diverses causes de dépréciation. Chacune des catégories appelle des moyens de mesure ou de répartition particuliers. Selon l'état du bâtiment et les conditions économiques touchant l'immeuble, chaque catégorie de déficience est établie séparément et déduite du coût de reproduction ou de remplacement neuf.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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