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Vocabulary Entry

depreciation

|noun • verb
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noun

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

Example Sentences

"The depreciation of the car made it difficult to sell for a good price."

"Accountants track depreciation to determine the value of assets over time."

"She applied for a loan, factoring in the depreciation of her equipment."

verb

To reduce or diminish in value or worth.

Example Sentences

"New technology may depreciate older models quickly."

"The company had to depreciate its assets over several years."

"Market conditions can depreciate property values unexpectedly."

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