Depreciation

reduction in value

Part of speech: n Exam: BEC Topic: Finance Difficulty: ★★★★☆

Pronunciation: 🇺🇸 US/dɪpriʃiˈeɪʃən/ 🇬🇧 UK/dɪpriʃiˈeɪʃən/

Definition

reduction in value

Depreciation is calculated over five years.

Every tool below runs in your browser — nothing leaves this page.