What is another word for depreciation?

548 synonyms found

Pronunciation:

[ dɪpɹˌiːʃɪˈe͡ɪʃən], [ dɪpɹˌiːʃɪˈe‍ɪʃən], [ d_ɪ_p_ɹ_ˌiː_ʃ_ɪ__ˈeɪ_ʃ_ə_n]

Depreciation is a term used in accounting and finance that refers to a reduction in the value of an asset over time. There are a variety of synonyms for the word depreciation, each with its own specific meaning. Some of the most common synonyms include deterioration, decline, devaluation, degradation, erosion, and wear and tear. Each of these words describes a gradual decline in the value or quality of an asset, whether it be physical or financial. While the term depreciation is most commonly used in financial contexts, these synonyms can also apply to other areas, such as the natural depreciation of physical objects or the gradual decline of societal values.

Related words: depreciating asset, depreciation method, depreciation expense, write off depreciation, depreciable asset, accounting depreciation, tax depreciation

Related questions:

  • What is depreciating asset?
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  • What is the difference between tax and book depreciation?

    Synonyms for Depreciation:

    How to use "Depreciation" in context?

    Depreciation is a process of reducing the value of an asset over time. The depreciation rate is the percentage of the original value of the asset that is lost each year. Depreciation is a key component of calculating an asset's effective tax rate.

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    Word of the Day

    detacher
    Synonyms:
    divider, segregator, Detailer, Divorcer, Estranger, Isolator, severer.