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- DictionaryDe·pre·ci·ate/dəˈprēSHēˌāt/
verb
- 1. diminish in value over a period of time: "the pound is expected to depreciate against the dollar"
- 2. disparage or belittle (something): "she was already depreciating her own aesthetic taste"
Depreciation is the process of deducting the total cost of something expensive you bought for your business. But instead of doing it all in one tax year, you write off parts of it over time. When you depreciate assets, you can plan how much money is written off each year, giving you more control over your finances.
the amount by which something, such as a piece of equipment, is reduced in value in a company's financial accounts, over the period of time it has been in use. The loss in value reduces a company's profits, and the amount of tax it must pay: Expenses include depreciation of equipment as well as business insurance.
From Longman Business Dictionary de‧pre‧ci‧ate /dɪˈpriːʃieɪt/ verb 1 [ intransitive] to decrease in value over a period of time If you don’t get your car serviced regularly, it will depreciate quickly. 2 [ intransitive, transitive] if a currency depreciates, it goes down in value compared to the currencies of other countries People will switch t...
depreciate definition: to lose value over a period of time: . Learn more.
Apr 9, 2024 · ( transitive) To lessen in price or estimated value; to lower the worth of. ( intransitive) To decline in value over time. ( transitive) To belittle or disparage. Usage notes [ edit] Do not confuse with deprecate (“to disapprove of”). The meaning of deprecate has lately been encroaching on depreciate in the sense 'to belittle'. Synonyms [ edit]
By Ken Boyd. February 25, 2022. Depreciation is the gradual decrease in the value of a company’s assets. There are a handful of ways that depreciation plays a role in the financial planning of a business, including properly assessing asset values for accurate (and potentially lower) company taxes.
Mar 13, 2024 · Definition of Depreciation. Important Depreciation Terms. How is an Asset Depreciated? A Depreciation Example. Fully Depreciated Assets. Retiring an Asset No Longer In Use. Different Depreciation Methods. Other Depreciation Information. Links to the separate sections of this tutorial are listed above.
