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Depreciation

Noun CEFR C1
dɪˌpɹiːʃɪˈeɪʃən

Definitions

  1. The state of being depreciated; disparagement.
  2. The decline in value of assets.
  3. The measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets.

Equivalents

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Examples

asset depreciation
currency depreciation
The accountant calculated the annual depreciation of the machinery.”
There was a sharp depreciation in the value of the currency.”
annual depreciation

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
See all C1 English words →

See also

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