📉depreciation

noun
/dɪˌpriːʃiˈeɪʃən/

Meaning

A reduction in the value of an asset over time, especially due to wear and tear.
A reduction in the value of an asset with the passage of time, due to wear and tear.
A reduction in the value of an asset with the passage of time, due in particular to wear and tear.

Example Sentences

The company recorded a large depreciation on its equipment this year.

The car's depreciation rate is high after five years.

Property depreciation lowers resale value.

Synonyms

devaluation, decline, reduction, amortization, drop, wear and tear, asset decline
Entry 1
devaluation, decline, reduction, amortization, drop
Entry 2
devaluation, decline, wear and tear
Entry 3
devaluation, asset decline, wear and tear

Antonyms

appreciation, increase, rise, value increase, enhancement, growth
Entry 1
appreciation, increase, rise
Entry 2
appreciation, value increase, enhancement
Entry 3
appreciation, value increase, growth

Collocations

asset depreciation, annual depreciation, depreciation expense, depreciation rate

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