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depreciation


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Definition of depreciation

noun

[mass noun]
  • a reduction in the value of an asset over time, due in particular to wear and tear: provision should be made for depreciation of fixed assets
  • a decrease in the value of a currency relative to other currencies: depreciation leads to losses for non-dollar based investors [count noun]:a currency depreciation

depreciation in other Oxford dictionaries

Definition of depreciation in the US English dictionary