depreciation
noun/dɪˌpriʃiˈeɪʃən/
Frequency rank: #8,837 of 20,003 in the WORDED list (wordfreq data)
Meaning
A reduction in the value of an asset over time, especially due to wear and use.
Example sentence
The accountant calculated the annual depreciation of the company's machinery to update the financial records.
Synonyms & related words
More words in ranks 8,801–8,900
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