depreciation

/dɪˌpriːʃiˈeɪʃən/
noun
  1. A decrease in the value of something over time, especially because of age, wear, or market conditions.
    • The car's depreciation is highest in the first year after purchase.
    • Investors worry about the depreciation of the local currency against the dollar.
    • The company calculated the depreciation of its office furniture for tax purposes.
  2. A reduction in the value of an asset that is recorded in a company's financial accounts over its useful life.
    • They use straight-line depreciation to spread the cost evenly over ten years.
    • The accountant entered the annual depreciation for the factory equipment.
    • Depreciation is a non-cash expense that reduces reported profits.
  3. A negative statement or criticism that reduces someone's reputation or worth.
    • She refused to listen to any depreciation of her friend's character.
    • The article was full of depreciation of the author's achievements.
    • His constant depreciation of her work made her feel undervalued.
Antonyms
What does "depreciation" mean? | whatsthatwordmean | whatsthatwordmean