Depreciation
Definition 1 The allocation of the cost of an Asset over a period of time for Accounting and Tax purposes. Definition 2 A Decline in the value of a Property due to general wear and tear or obsolescence; opposite of Appreciation.
Definition 1 The allocation of the cost of an Asset over a period of time for Accounting and Tax purposes. Definition 2 A Decline in the value of a Property due to general wear and tear or obsolescence; opposite of Appreciation.