(redirected from depreciated)
Also found in: Dictionary, Thesaurus, Legal, Financial, Wikipedia.
Related to depreciated: Fully depreciated


in accountingaccounting,
classification, analysis, and interpretation of the financial, or bookkeeping, records of an enterprise. The professional who supplies such services is known as an accountant. Auditing is an important branch of accounting.
..... Click the link for more information.
, reduction in the value of fixed or capital assets, as by use, damage, weathering, or obsolescence. It can be estimated according to a number of methods. In the straight-line method, depreciation is simply seen as a function of time; the cost of the asset, minus its value as scrap, is divided by an estimate of its life. Other methods distribute depreciation over the life of the asset by gradually increasing, or gradually diminishing, installments. The resale value of a machine generally declines most quickly during its early years; thus its depreciation is measured in decreasing installments. The opposite is true of rights of limited duration, such as copyrights and leaseholds, whose value depreciates most quickly as their date of expiration approaches. The technical name for the depreciation of such nonmaterial rights is amortization. The problem of calculating depreciation has special importance because of the need for accuracy in income tax returns. Failure to make allowance for depreciation results in overestimating income. Depreciation of money is brought about by a decline in the price of a particular currency in terms of other currencies, thereby lowering the foreign exchange value of the first currency.


See J. D. Coughlan, Depreciation (1969); R. P. Brief, ed., Depreciation and Capital Maintenance (1984).

The Columbia Electronic Encyclopedia™ Copyright © 2013, Columbia University Press. Licensed from Columbia University Press. All rights reserved.


The reduction in the value or worth of an asset, such as a building, through physical deterioration over time, and general obsolescence.
Illustrated Dictionary of Architecture Copyright © 2012, 2002, 1998 by The McGraw-Hill Companies, Inc. All rights reserved


(industrial engineering)
Loss of value due to physical deterioration.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.


Economics a decrease in the exchange value of currency against gold or other currencies brought about by excess supply of that currency under conditions of fluctuating exchange rates
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
References in periodicals archive ?
The majority of the vehicles are also 'fully depreciated' as of Dec.
In mid-November, the State Minister for Revenue Hammad Azhar had informed the Senate that the rupee had depreciated by 7.7 per cent against the dollar during the initial months of the Pakistan Tehreek-e-Insaf (PTI) government.
Abbasi said that the value of rupee depreciated after the prime minister's address on Thursday.
Malik Bostan, President, Forex Association of Pakistan said the rupee depreciated in the open market due to demand from general public.
"The most depreciated currencies were Indian rupee depreciating by 11.7 per cent and Indonesia, by 9 per cent," the finance department said in the latest economic bulletin.
In an economic bulletin, DOF chief economist Gil Beltran said the peso depreciated by 7.39 percent year-to-date, ranking thirdamong 12 currencies of the fastest growing Asian countries.
A depreciated currency lowered the amount of nonessential imports but did nothing to increase exports.
On a year-to-date basis, the peso has depreciated by 6.18 percent (July 30, 2018 versus December 31, 2017), second only to the rupee which fell 7.03 percent versus the US dollar.
Currency traders said that though the naira depreciated marginally, it had remained stable at the foreign exchange market.
The dispute centers on whether labor costs can be depreciated in determining the actual cash value of covered damaged property under a homeowner's insurance policy.
Nevertheless, Bilwani added, the Government still desires to devalue the currency, it should be depreciated gradually and should not be done in one go.
Against the Chinese yuan, the rupee depreciated by 11.07pc.