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


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


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.
References in periodicals archive ?
"[Each] collects round-the-clock data on critical conditions that control the capability of wind to erode, transport, and deposit particles of sand and dust," Bread explains.
Gillette, an atmospheric scientist with the National Oceanic and Atmospheric Administration's Air Resources Laboratory in Boulder, Colo., calculates that wind erodes about 20 million tons of U.S.
It also erodes the customary right to trial by jury--so says Murphy's letter sent to Allan Rock, the former Canadian Minister of Health, in December 2001.
To the dismay of IT professionals charged with maintaining productive systems, application performance steadily erodes as they struggle to keep up with network demand.
While wave action erodes the coastline in one place, the littoral drift (current running parallel to shore) eventually deposits the sand elsewhere.
Entry to 3520 is not through its oriel screen but by an adjacent hinged metal leaf -- a stage door right under the marquee -- which further erodes the corner.
The seafloor has such an extreme incline because groundwater percolates down to the base of the continental slope and erodes the rock there, causing collapse at the bottom.