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A negative impact on one or more of a firm's existing assets.


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.


The slow wearing away by natural forces such as water and wind.

References in periodicals archive ?
to the Virginia-North Carolina border-is eroding at higher average rates than the New England coast.
I've seen soils eroding that were too wet for a farmer to get in and work.
This and related findings presented in a new United Nations report "confirm our worst fears about the degree to which soils are eroding and being degraded around the planet," says James G.
With recent recognition that certain pollutants are eroding this natural radiation filter, researchers have raced against the clock to find substitutes for the chlorofluorocarbons and other compounds responsible.