depreciation

Meaning

A reduction in the value of an asset with the passage of time, due to wear and tear.

A reduction in the value of an asset with the passage of time, due in particular to wear and tear.

A reduction in the value of an asset over time, especially due to wear and tear.

Example Sentences

The car's depreciation rate is high after five years.

Property depreciation lowers resale value.

The company recorded a large depreciation on its equipment this year.

Synonyms

devaluation, decline, wear and tear, asset decline, reduction, amortization, drop

Entry 1

devaluation, decline, wear and tear

Entry 2

devaluation, asset decline, wear and tear

Entry 3

devaluation, decline, reduction, amortization, drop

Antonyms

appreciation, value increase, enhancement, growth, increase, rise

Entry 1

appreciation, value increase, enhancement

Entry 2

appreciation, value increase, growth

Entry 3

appreciation, increase, rise

Collocations

asset depreciation, annual depreciation, depreciation expense, depreciation rate