ETYM Cf. French dépréciation.
1. A decrease in price or value over time.
2. Decrease in value of an asset due to obsolescence or use; SYN. wear and tear.
In economics, the decline of a currency's value in relation to other currencies. Depreciation also describes the fall in value of an asset (such as factory machinery) resulting from age, wear and tear, or other circumstances. It is an important factor in assessing company profits and tax liabilities. + prikaži više