Asset Management Vocabulary

verb to decrease in value over time

• The value of the asset will depreciate over time due to wear and tear.
• If you don't take care of your car, it will depreciate quickly.
• I heard that new phone model will depreciate like crazy once the next one comes out.
• His reputation started to depreciate after the scandal was exposed.

adjective describing something that is able to be moved or changed in position

• The antique desk had movable drawers for easy reconfiguration.
• The chairs in the conference room are all movable, so feel free to rearrange them as needed.
• I love how this couch is so movable - makes it easy to change up the living room layout.
• His opinions on the matter are quite movable, depending on who he's talking to.

noun an amount of money owed to a person or organization for goods or services provided

adjective able to be received or collected, especially in terms of money

• The company recorded the accounts receivable on its balance sheet.
• I have a few outstanding receivables that need to be collected.
• I'm waiting on some cash from my clients, got some receivables coming in.
• Patience is a virtue, like waiting for receivables to be paid in full.