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  1. Dictionary
    depreciation
    /dɪˌpriːʃɪˈeɪʃn/

    noun

    • 1. 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"
    • 2. the expression of a negative view of someone or something; criticism or disapproval: "his reputation has suffered unduly from the depreciation of Pope and Johnson"

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  2. www.investopedia.com › terms › dDepreciation: Definition and Types, With Calculation Examples

    May 27, 2024 · Depreciation is an accounting practice used to spread the cost of a tangible or physical asset over its useful life. Depreciation represents how much of the asset's...

  3. byjus.com › commerce › what-is-depreciationWhat is Depreciation? Meaning, Formula, Expense, Method ...

    Meaning of Depreciation. Depreciation can be defined as a continuing, permanent and gradual decrease in the book value of fixed assets. This type of shrinkage is based on the cost of assets utilised in a firm and not on its market value.

  4. www.financestrategists.com › depreciationDepreciation | Causes, Methods of Calculating, and Examples

    Mar 6, 2023 · Depreciation: Definition. Depreciation is the reduction in the value of a fixed asset due to usage, wear and tear, the passage of time, or obsolescence. The loss on an asset that arises from depreciation is a direct consequence of the services that the asset gives to its owner.

  5. www.nerdwallet.com › article › small-businessWhat Is Depreciation? Definition, Types, How to Calculate

    Jun 16, 2023 · Depreciation is an accounting method that spreads the cost of an asset over its expected useful life to give you a more accurate view of its value and your business’s profitability. As...

  6. en.wikipedia.org › wiki › DepreciationDepreciation - Wikipedia

    Depreciation is any method of allocating such net cost to those periods in which the organization is expected to benefit from the use of the asset. Depreciation is a process of deducting the cost of an asset over its useful life. Assets are sorted into different classes and each has its own useful life.

  7. investinganswers.com › dictionary › dDepreciation | Example & Meaning | InvestingAnswers

    Nov 1, 2020 · Depreciation in accounting is a method that measures the reduction in an asset’s value over the course of its useful life. It also represents how much of an asset’s value is depleted due to usage, wear and tear, or obsolescence. Why Is Depreciation Important?

  8. www.investopedia.com › articles › 06Understanding Methods and Assumptions of Depreciation

    Jun 22, 2021 · Depreciation places the cost as an asset on the balance sheet and that value is reduced over the useful life of the asset. Depreciation can be calculated using the straight-line method or...