depreciating

Meanings

• noun

  The process by which an asset's value decreases over time due to wear and tear, obsolescence, or passage of time.

  - "The car's value began to depreciate as soon as it was driven off the lot."
  - "The company's profits were affected by the depreciation of their equipment."

• verb

  A decrease in the value or worth of something.

  - "The stock market experienced significant depreciation after the economic downturn."
  - "The value of the diamond depreciated over time due to its lack of rarity."

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Antonyms

aggrandise , aggrandize , big up , appreciate

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Synonyms

do down

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Variants

List of all variants of depreciating that leads to same result
depreciable , depreciate , depreciated , depreciates , depreciating , depreciatingly , depreciation , depreciations , depreciative , depreciator , depreciators , depreciatory

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Etymology

origin and the way in which meanings have changed throughout history.

The term 'depreciate' comes from the Latin word 'depreciare', which means 'to weigh down' or 'to estimate the value of'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Depreciation is often referred to as 'book depreciation' or 'straight-line depreciation' when the cost of an asset is allocated evenly over its useful life.

2. The Internal Revenue Service (IRS) sets specific rules for how businesses can calculate depreciation for tax purposes.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Amortization: A method of allocating the cost of intangible assets or the cost of certain tangible long-term assets over their useful lives.

2. Depreciable Asset: An asset that can be depreciated for tax purposes.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Depreciation is a common concept in business and finance, and is used to determine the value of assets for tax purposes and financial reporting. It can also be used metaphorically to describe a decrease in worth or value in other contexts.

How to Memorize "depreciating"

1. visualize
   

   - Imagine a graph with a downward trend representing the value of an asset over time due to depreciation.

2. associate
   

   - Associate the word 'depreciation' with the idea of something losing value or worth.

3. mnemonics
   

   - Use the mnemonic 'Dollars Depreciate Over Time' to remember the concept of depreciation.

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