depreciation

Meaning

  1. (countable, uncountable) The state of being depreciated; disparagement.
  2. (countable, uncountable) The decline in value of assets.
  3. (countable, uncountable) The measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets.

Pronounced as (IPA)
/dɪˌpɹiːʃɪˈeɪʃən/
Etymology

From French dépréciation.

Notes

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