depreciation
Asset value erosion
Depreciation is loss of value over time.
A car depreciates the moment you drive it off the lot.
In accounting, depreciation is the systematic allocation of an asset's cost over its useful life: The company claimed depreciation on its equipment.
Depreciation also describes currency losing purchasing power relative to other currencies.
The opposite is appreciation.
Become or make smaller
- reductionMaking something smaller
- diminutionReduction in size
- deteriorationProcess of declining quality
- downturnEconomic decline period
fall · drop · shrinkage · erosion · devaluation · markdown · price drop · market decline
Criticism meant to diminish
- denigrationUnjust attack on reputation
- derogationBelittling or partial repeal
- diminishmentProcess of becoming smaller
- undervaluationRating below actual worth
dismissal · trivialization · minimization · devaluation · slighting · disrespect · condescension · put-down
Lowering of currency worth
- exchange rateCurrency conversion value
- weakeningBecoming less strong
- forexCurrency trading market
- purchasing powerEconomic spending ability
inflation · foreign exchange · monetary policy · trade deficit
Gradual debt reduction schedule
- straight-lineWithout curves or bends
- useful lifeExpected functional duration
- salvage valueAsset's worth when retired
- book valueAsset minus accumulated depreciation
cost basis · write-down · impairment · capitalization · fixed assets · tangible assets · intangible assets · goodwill
Conclusion from premises
- write-offRecorded value reduction
- taxable incomeEarnings subject to taxation
- recaptureSeize again after loss
- IRSFederal tax collector
Process of declining quality
- degradationDecline in condition
- erosionGradual wearing away
- usageAct of employing something
- weatheringAtmospheric breakdown of materials
aging · fatigue · corrosion · abrasion · attrition · damage · consumption · service life
decrease
Become or make smaller
- reductionMaking something smaller
- diminutionReduction in size
- deteriorationProcess of declining quality
downturn · fall · drop · shrinkage · erosion · devaluation · markdown · price drop · market decline · slump
disparagement
Criticism meant to diminish
- denigrationUnjust attack on reputation
- derogationBelittling or partial repeal
- diminishmentProcess of becoming smaller
undervaluation · dismissal · trivialization · minimization · devaluation · slighting · disrespect · condescension · put-down · criticism
devaluation
Lowering of currency worth
- exchange rateCurrency conversion value
- weakeningBecoming less strong
- forexCurrency trading market
purchasing power · inflation · foreign exchange · monetary policy · trade deficit
amortization
Gradual debt reduction schedule
- straight-lineWithout curves or bends
- useful lifeExpected functional duration
- salvage valueAsset's worth when retired
book value · cost basis · write-down · impairment · capitalization · fixed assets · tangible assets · intangible assets · goodwill · cost recovery
deduction
Conclusion from premises
- write-offRecorded value reduction
- taxable incomeEarnings subject to taxation
- recaptureSeize again after loss
deterioration
Process of declining quality
- degradationDecline in condition
- erosionGradual wearing away
- usageAct of employing something
weathering · aging · fatigue · corrosion · abrasion · attrition · damage · consumption · service life · maintenance
- depreciationstraight line, straight-line, accelerated, accumulated, amortization
- business financeaccounting, balance sheet, revenue stream, profit margin, budget
- business termsfranchising, revenue stream, board meeting, gross margin, markdown
- financial termswealth, asset, currency, balance sheet, audit
- business expensespayroll, office rent, salaries, wages, office supplies
- accounting termsassets, cash, expenses, equity, retained earnings
depreciationappreciation
Recognition of worth
increase · gain · growth · revaluation · price increase
depreciationappreciation
Recognition of worth
esteem · admiration · exaltation · glorification · acclaim
- vehicle depreciationLoss in automobile value