depreciation
🇺🇸
/dɪˌpriːʃiˈeɪʃn/
🇬🇧
/dɪˌpriːʃiˈeɪʃn/
A drop in value over time
The car's depreciation means it's worth much less now than when it was new.
汽车的贬值意味着它现在的价值远低于新车时的价值。
Reducing the recorded value of an asset over time in accounting
The company records depreciation on its equipment each year.
公司每年都会记录其设备的折旧。