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Webster's New World College Dictionary » depreciation
depreciation
depreciation definition
de·pre·cia·tion (dē prē′s̸hē ā′s̸hən, di-)
noun
- ☆
- a decrease in value of property through wear, deterioration, or obsolescence
- the allowance made for this in bookkeeping, accounting, etc.
- ☆ a decrease in the purchasing power of money
- a making seem less important; disparagement
Etymology: see depreciate
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