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Definitions from the Web

Depreciation

Definition:

Depreciation refers to the decrease in value of an asset over time due to wear and tear, obsolescence, or other factors.

Usage:

Noun (Accounting):

In accounting, depreciation is the method used to allocate the cost of an asset over its useful life.

Example sentence: The company recorded a depreciation expense of $10,000 for the year.

Noun (Economics):

In economics, depreciation is the reduction in the value of a currency relative to other currencies.

Example sentence: The depreciation of the national currency caused an increase in the prices of imported goods.

Noun (Psychology):

In psychology, depreciation is the loss of value or worth attributed to oneself or others, resulting in low self-esteem or diminished confidence.

Example sentence: Continuous criticism has led to the depreciation of her self-worth.

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