Erosion

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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.
References in periodicals archive ?
The past 25 to 30 years saw a small reduction in the percentage of beaches eroding - dropping to 60 percent, possibly as a result of beach restoration activities such as adding sand to beaches.
Thus, Mouginis-Mark suggests, ocean waves pounding the shores and eroding the flanks of the volcanoes could have shaped the escarpments.
Gusts scoured the fields, killing crops and eroding topsoil.