DEPRECIATION — Definition of DEPRECIATION

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/dɪˌpɹiːʃɪˈeɪʃən/
noun
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.

📚 Source: en.wiktionary.org/wiki/depreciation

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