Outrageously Funny Word Dictionary :: Depreciate

👉 The term "depreciates" refers to a decrease in value or quality of something, such as a property, asset, or an item. This can be due to factors like wear and tear, changes in market conditions, or unexpected events that affect its functionality. The act of depreciation is typically recognized as part of the accounting process for financial reporting purposes, allowing companies to adjust their revenue recognition and tax treatment accordingly.

depreciates

👉 The term "depreciated" typically refers to a decrease in value or value of something over time, which can occur due to factors such as wear and tear, age, or changes in market conditions. This can be seen as a loss or decline in the value of an asset or item that has been owned for a significant period of time.

depreciated

👉 The term "depreciation" is a financial concept that refers to the reduction in value of an asset over time. It involves the loss or decrease in the amount of money invested or borrowed on the asset, as its value decreases with each passing year. This phenomenon can be caused by various factors such as natural disasters, market fluctuations, technological changes, and economic downturns.

depreciate