Skip to content

Super Finance Glossary

Over 10,000 financial glossary terms...

Browse by Letter: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
 Search Tips

Modified Accelerated Cost Recovery System (MACRS)

Modified Accelerated Cost Recovery System (MACRS)
Definition: A 1986 act that set out rules for the depreciation of qualifying assets, allowing for greater acceleration over longer periods of time.