Erosion

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Erosion

A negative impact on one or more of a firm's existing assets.

Erosion

1. The gradual loss of an asset's value. See also: Depreciation.

2. The wearing away of real estate caused by natural events. For example, a rising sea level may erode a beach front property. Erosion can reduce the property's value.

erosion

The slow wearing away by natural forces such as water and wind.

References in periodicals archive ?
to the Virginia-North Carolina border-is eroding at higher average rates than the New England coast.
The negative rating action on series 2003-FF3 is the result of losses exceeding excess spread for the past three months and, as a result, eroding the OC below target.
The company has achieved stability in consolidated EBITDA and cash flow over the past two years despite eroding long-distance revenues.
I've seen soils eroding that were too wet for a farmer to get in and work.
This and related findings presented in a new United Nations report "confirm our worst fears about the degree to which soils are eroding and being degraded around the planet," says James G.
With recent recognition that certain pollutants are eroding this natural radiation filter, researchers have raced against the clock to find substitutes for the chlorofluorocarbons and other compounds responsible.
More than 1,600 doctors from across Florida gave sworn statements to a state Senate panel this week detailing how the worsening medical liability crisis is forcing them to change their practices and eroding healthcare services for patients.
Heavy sediments from the top of the platform blocks then flowed down the sides, eroding the underwater carbonates and etching deep channels into the margin.
Coalition leaders who represent hospitals, doctors and businesses told lawmakers that they must address a crisis that is driving up healthcare costs and eroding the availability of healthcare services for 16 million Floridians.