Erosion

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Related to Ice Erosion: Wind erosion, Water erosion

Erosion

A negative impact on one or more of a firm's existing assets.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

erosion

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

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.