Definition, Meaning & Synonyms
depreciação
Noun
[de-pre-sia-‘são]
Definition
Depreciation is the reduction in the value of an asset over time, particularly due to wear and tear or obsolescence.
Examples
- The depreciation of the dollar impacted the import prices.
- Due to depreciation, the company’s assets lost considerable value.
- Accounting methods like straight-line and declining balance can be used to calculate depreciation.
Meaning
It often refers to the decrease in value of tangible assets, like machinery or property, and can also apply to currency value decline in relation to its purchasing power.
Synonyms
- devaluation
- reduction
- diminution
- loss of value