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depreciation: Meaning and Definition of
de•pre•ci•a•tion
Pronunciation: (di-prē"shē-ā'shun), [key]
— n.
- decrease in value due to wear and tear, decay, decline in price, etc.
- such a decrease as allowed in computing the value of property for tax purposes.
- a decrease in the purchasing or exchange value of money.
- a lowering in estimation.
See also:
- depreciation (Thesaurus)
