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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 ?
And they know not to wait until a field starts to erode to till it and not to think that rain will solve the problem.
"[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.