depreciate

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Related to depreciated: Fully depreciated

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.
References in periodicals archive ?
How much the Asian currencies have depreciated against the US dollar this year:
"Since July 31 when emerging markets were the target of adverse hot money movements as contagion spread from problems in Turkey and Argentina, the Philippine peso depreciated by 0.82 percent, ranking fifthamong eight Asian countries whose currencies depreciated," the finance official said.
The depreciated amount includes both material costs and labor costs.
At the same time, the Russian ruble depreciated by 0.6% against KGS.
Summary: The Tunisian dinar has depreciated by -14.1% against the Dollar , until December 29, traded at $0.4262 against a -7.6% drop in 2015, -11.5% in 2014 and -6.1% in 2013,
The National Bank intervened in the foreign exchange market only once to smooth excess volatility of the som, which has depreciated by 2.9 percent against the U.S.
In Jan-Sept 2013 AMD depreciated against USD by 0.7%.
With all models being imported into India either as CBUs or CKDs, the rupee which has depreciated by over 8% since last year, has had an adverse effect on the profit margins of the company.
"We depreciate the grant over a period of five years on a straight-line (20 per cent) basis and, after five years, it is fully depreciated. The reason for doing that is that, should a stadium close within five years of a grant being awarded, the sport hasn't had full value for that grant whereas the stadium has had the benefit of an enhanced asset that we've funded."
Taking into consideration the last episode of exchange rates moving down and up, BETAM's research shows that from October 2010 to August 2011, driven by the new monetary mix of the central bank, the lira depreciated by 18.5 percent at a time when the real appreciation had reached 37 percent compared to its 2003 level.
The amount to be depreciated is not necessarily the amount that your client paid for the property, but the lesser of the property's cost or its fair market value at the time of conversion.
The depreciated value of Aerostat so transferred would be adjusted by OC in its Books of Accounts towards repayment of Government Loan outstanding against OC.