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Depreciate
(redirected from depreciatory)

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
Depreciate
To allocate the purchase cost of an asset over its life.

Depreciation
The gradual reduction of an asset's value. It is an expense, but because it is non-cash, it is often effectively a tax write-off; that is, a person or company usually may reduce his/her/its taxable income by the amount of the depreciation on the asset. Because there are many different ways to account depreciation, it often bears only a rough resemblance to the asset's useful life. This may further benefit the company as they may continue to use the asset tax-free after its value has technically depreciated to nothing. See also: Amortization.

depreciate
To reduce the value of a long-term tangible asset.


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