written down allowance
noun

an allowance which can be claimed on capital expenditure by a business or self-employed person in the years after the purchase was made. In the first year, the first year allowance (FYA) applies.

Abbreviation WDA
Browse by Subjects
first year allowance
WDA
See All Related Terms »

banking covenants
ECB
FCCA
public ownership
12b-1 fee