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decrease in value

decrease in value/dɪˈkriːs ɪn ˈvæljuː/

noun

decrease in value

In accounting, the systematic allocation of an asset’s cost over its useful life; also used for a drop in a currency’s value.

Mga halimbawa

01
The company recorded depreciation on its machinery at the end of the fiscal year.
02
Rapid depreciation of the local currency made imported goods more expensive.
03
When selling a used car, you have to factor in depreciation from the original purchase price.

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