Erosion
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Erosion
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.
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.