What do we mean by depriciation
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noun
a reduction in the value of an asset over time, due in particular to wear and tear.
"provision should be made for depreciation of fixed assets"
synonyms:devaluation, devaluing,decrease in value, lowering in value, reduction in value,cheapening, markdown,reduction, decline, downturn,downswing, drop, slump,plunge, tumbl
a reduction in the value of an asset over time, due in particular to wear and tear.
"provision should be made for depreciation of fixed assets"
synonyms:devaluation, devaluing,decrease in value, lowering in value, reduction in value,cheapening, markdown,reduction, decline, downturn,downswing, drop, slump,plunge, tumbl
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