depreciation

  1. Noun.  The state of being depreciated.
  2. Noun.  The decline in value of assets.
  3. Noun.  (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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This entry was last updated on RefTopia from its source on 3/20/2012.