Depreciation

Definition of 'Depreciation'

Depreciation is the drop in value of an asset due to wear and tear, age and obsolescence (going out of date) as recorded in an organisations financial records.

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Related Terms

Accelerated Depreciation Earnings before Interest, Tax, Depreciation & Amortisation EBITDA Net Operating Cash Flow Amortisation National Income Net Investment

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Depreciation

Definition of 'Depreciation'

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