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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 ?
This upper coarse-grained gravel-pebble-boulder facies is typical of wave-built beach ridges related either to storms or exceptionally high water stages, often occurring on erosionally sculpted bedrock terraces (Otvos 2000).
Directly above and locally truncating the folded interval erosionally, the Macumber Formation contains horizons of intraformational limestone breccia several metres thick that are separated by undisturbed strata.