noun a reduction in the value of an asset over time
adjective depreciative (showing a decrease in value)
Depreciation is a key consideration in property valuation, as buildings and structures lose value over time.
Depreciation is an important concept in financial analysis as it affects the profitability and value of a company.
Depreciation is considered in the design and maintenance of infrastructure and equipment to ensure their long-term viability.
Depreciation is a factor in calculating the net national product, representing the decrease in value of capital goods over time.
Depreciation is the allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value of the asset over time.
Depreciation is used to determine the tax deduction for the decrease in value of assets used in business operations.
In the field of accounting, writers may need to account for depreciation of assets when calculating the value of their company's assets over time.
Psychologists may use the concept of depreciation when assessing the value of equipment or technology used in their practice, such as computers or assessment tools.
Real estate agents may consider depreciation when advising clients on the value of a property over time, especially in the context of investment properties.
Engineers may need to account for depreciation of machinery or equipment when designing systems or structures that require long-term planning and maintenance.
Financial analysts often factor in depreciation when evaluating the financial health of a company, as it can impact profitability and overall asset value.