• Depreciation

    Pronunciation

    • UK IPA: /dɪˌpɹiːʃɪˈeɪʃən/
    • Rhymes: -eɪʃən

    Origin

    See depreciate.

    Full definition of depreciation

    Noun

    depreciation

    (countable and uncountable; plural depreciations)
    1. The state of being depreciated.
    2. The decline in value of assets.
    3. (accounting) 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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