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  1. Dictionary
    depreciation
    /dɪˌpriːʃɪˈeɪʃn/

    noun

    • 1. a reduction in the value of an asset over time, due in particular to wear and tear: "provision should be made for depreciation of fixed assets"
    • 2. the expression of a negative view of someone or something; criticism or disapproval: "his reputation has suffered unduly from the depreciation of Pope and Johnson"

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  2. www.investopedia.com › terms › dDepreciation: Definition and Types, With Calculation Examples

    May 27, 2024 · Depreciation allows a business to allocate the cost of a tangible asset over its useful life for accounting and tax purposes. Here are the different depreciation methods...

  3. www.nerdwallet.com › article › small-businessWhat Is Depreciation? Definition, Types, How to Calculate

    Jun 16, 2023 · Depreciation is an accounting method that spreads the cost of an asset over its expected useful life to give you a more accurate view of its value and your business’s...

  4. www.freshbooks.com › hub › accountingWhat Is Depreciation: Definition, Types, and Calculation -...

    Depreciation is an accounting method used to calculate the decrease in value of a fixed asset while it’s used in a company’s revenue-generating operations. After an asset is purchased, a company determines its useful life and salvage value (if any). Then, the asset cost is depreciated over time based on its useful life.

  5. www.financestrategists.com › accounting › depreciation-andDepreciation | Causes, Methods of Calculating, and Examples

    Mar 6, 2023 · Depreciation: Definition. Depreciation is the reduction in the value of a fixed asset due to usage, wear and tear, the passage of time, or obsolescence. The loss on an asset that arises from depreciation is a direct consequence of the services that the asset gives to its owner.

  6. www.businessnewsdaily.com › what-is-depreciationWhat Is Depreciation in Business? - Business News Daily

    Jan 11, 2024 · Depreciation is the process of deducting the cost of a business asset over a long period of time, rather than over the course of one year. There are four main...

  7. www.myaccountingcourse.com › accounting-dictionary › depreciationWhat is Depreciation? - Definition | Meaning | Example

    Depreciation is a way to fix this problem. It takes the depreciable cost of an asset and allocates it over the useful life. This way the expense actually reflects the income produced from the asset in that period. There are several different depreciation methods that accountants can use to allocate costs.

  8. investinganswers.com › dictionary › dDepreciation | Example & Meaning | InvestingAnswers

    Nov 1, 2020 · Depreciation in accounting is a method that measures the reduction in an asset’s value over the course of its useful life. It also represents how much of an asset’s value is depleted due to usage, wear and tear, or obsolescence. Why Is Depreciation Important?