SYD


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Sum of Years Digits

Also called SYD. A depreciation method. The SYD method writes off more of an asset's value each year than the straight line method, but less than the declining balance method. Under the SYD method, more value is written off at first, such that very little value above the salvage value is available to be written off at the end of the asset's useful life.

SYD

See sum-of-the-years digits depreciation.
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References in periodicals archive ?
It was hard for Syd to understand and it took the lad a while to get back home, but he made it safely.
Vonnegut's involvement in World War II, which became the subject for his book, Slaughterhouse-Five, had something to do with the formation of his close friendship with Syd in the late 1960s.
Mr Headey said: "I played with Syd in the Under 16s and Under 18s in the 1950s before circumstances and careers parted us.
Now 78 years young, Syd has been coaching for more than 35 years and can claim to have started the likes of Ross Murray, Chris Roberts, Paddy Mulhall, Chris Parr and his father Stephen Parr on the road to international stardom.
Syd breeds carnations and has compiled records for the International Dianthus Register.
Syd later joined the Hillman car company, part of Rootes, where he worked for almost 50 years, while Vera worked at the British Oxygen Company (BOC) before leaving to raise her family.
Musical director Chris, who is also a trombone player and a singer, took over in 1996 when Syd retired.
Syd - who lost a leg and his sight in the Second World War - was famous for enjoying a dram while scaling the hills.
It will feature artwork, previously unseen photos and letters written by Syd, who died, aged 60, in July 2006.
Syd has a wife and three divorces behind him, so Maurice seems to be the only one who loves him enough to stick around, despite his constant moans about Syd's assorted shortcomings.
Syd Little (born CyrilMead in 1942) and comic Eddie Large (Born Edward McGinnis in 1941) formed their partnership in 1962 appearing as singers in local pubs around the north west.