Pronunciation: /dɪˌpriːʃiˈeɪʃən/
noun a reduction in the value of an asset over time
A1 Depreciation is the decrease in value of an asset over time.
A2 The company recorded depreciation expenses for the equipment in their financial statements.
B1 The accountant explained how depreciation affects the company's overall financial health.
B2 The depreciation of the building was calculated using the straight-line method.
C1 The depreciation of the company's assets was causing concern among the shareholders.
C2 The board of directors discussed strategies to minimize depreciation and maximize profits.
adjective depreciative (showing a decrease in value)
A1 The car's value has decreased due to depreciation.
A2 She bought a used phone at a lower price because of depreciation.
B1 The company had to account for depreciation in its financial statements.
B2 Investors should consider the impact of depreciation on the company's assets.
C1 The depreciation of the currency led to higher import costs for the country.
C2 The real estate market is affected by factors such as inflation and depreciation.
formal The company recorded a significant depreciation in the value of its assets this quarter.
informal The car's depreciation has been pretty steep since you bought it.
slang I can't believe how fast the depreciation on that phone is!
figurative She felt a sense of depreciation in her self-worth after the criticism.
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