Definition, Meaning & Synonyms
depreciable
adjective
/dɪˈpriː.ʃə.bəl/
Definition
Capable of decreasing in value over time due to wear and tear, obsolescence, or other factors.
Examples
- Vehicles are considered depreciable assets as they lose value every year.
- In accounting, buildings are depreciable because their value declines over time.
- The company calculated the depreciable amount of its machinery for tax purposes.
Meaning
Something that loses value as time passes, often used in accounting for assets that can be written off or deducted.
Synonyms
- Amortizable
- Deductible
- Devalued
