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Related to depreciated: Fully depreciated


To allocate the purchase cost of an asset over its life.


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.


To reduce the value of a long-term tangible asset.
References in periodicals archive ?
Maintaining a depreciated lira, in other words a stable real exchange rate at a competitive level, is not, unfortunately, an easy task since it necessitates narrowing the inflation gap to 1-2 percentage points, at least.
The depreciated value of the assets so transferred would be adjusted by OC in its Books of Accounts towards repayment of Government Loan outstanding against OC.
While the Tax Court generally sided with the IRS, it held that vents for clothes dryers, as well as specialized outlets for refrigerators, stoves, washers, dryers and communications equipment, may be separately depreciated over shorter time periods.
The euro depreciated against the rupee, as it started the day's trading at Rs 112.
The dollar depreciated sharply against both of these high-interest rate currencies through the second and third quarters of 2009, but the dollar has shown little movement vis-a-vis either of these currencies since the end of September.
Such property could be depreciated over much shorter, modified accelerated cost recovery system (MACRS) lives.
Stated value--allows owners to "state" a value for a boat that's greater than its depreciated "book" value.
Recent rulings by Congress allow additional first-year deductions that could be worth 30 percent to 50 percent of the cost of qualifying property that is depreciated over less than 39 years.
If your company buys $390,000 worth of equipment this year and takes a $100,000 write-off while the other $290,000 must be depreciated, bonus depreciation could give you an additional $145,000 deduction up-front (50% of $290,000) while the remaining $145,000 can be deducted, via depreciation, on the equipment's usual schedule.
By the end of the first decade following Nixon's August 1971 abandonment of gold, the dollar depreciated some 28 percent against the trade-weighted index of all major currencies.
However, a BMW 3 Series costing pounds 18,415 depreciated by a very small amount in year one - dropping only pounds 206 over 12 months.