depreciation
🇺🇸
/dɪˌpriːʃiˈeɪʃn/
🇬🇧
/dɪˌpriːʃiˈeɪʃn/
noun
R
A drop in value over time
The car's depreciation means it's worth much less now than when it was new.
R
Reducing the recorded value of an asset over time in accounting
The company records depreciation on its equipment each year.
translation
A drop in value over time; Reducing the recorded value of an asset over time in accounting
Word Forms
Plural
depreciations