depreciation
/dɪˌpɹiːʃɪˈeɪʃən/
noun
- 1
The state of being depreciated; disparagement.
- 2
The decline in value of assets.
- 3
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.
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