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depreciation definition

de·pre·cia·tion (dē prē′s̸hē ā′s̸hən, di-)

noun

  1. ☆
    1. a decrease in value of property through wear, deterioration, or obsolescence
    2. the allowance made for this in bookkeeping, accounting, etc.
  2. ☆ a decrease in the purchasing power of money
  3. a making seem less important; disparagement

Etymology: see depreciate

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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