depreciate

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depreciate

v. in accounting, to reduce the value of an asset each year theoretically on the basis that the assets (such as equipment, vehicles or structures) will eventually become obsolete, worn out and of little value. (See: depreciation)

depreciate

verb atrophy, attenuate, become deteriirated, become of less worth, belittle, censure, cheapen, contemn, corrode, cut, debase, debilitate, decay, decline, decrease, decry, deduct, defame, deflate, degenerate, degrade, denigrate, denounce, depress, deride, derogate from, deteriorate, detract from, detrectare, devaluate, dilute, diminish the price of, diminish the value of, discount, discredit, disesteem, disgrace, disparage, drop, dwindle, ebb, enervate, enfeeble, erode, fall, fault, find fault with, get worse, grow less, grow worse, impoverish, lessen, lessen the price of, lose value, lower, lower in price, lower in reputation, lower in value, lower the value of, make little of, malign, minimize, misprize, obtrectare, readjust downward, reduce the purchasing value of, reduce the strength of, retrograde, run down, shrink, sink, slight, slur, soil, spoil, stain, sully, taint, take away, tarnish, traduce, underestimate, underpraise, underrate, underreckon, undervalue, weaken, wear, worsen
Associated concepts: depreciate a loss, obsolescence
See also: adulterate, blame, censure, condemn, contemn, criticize, debase, decay, decrease, decry, deduct, defame, demean, demote, denigrate, denounce, depress, derogate, deteriorate, dilute, diminish, disbelieve, discommend, discount, discredit, disparage, fault, humiliate, jeer, lessen, minimize, misprize, reduce, smear, spurn, sully, underestimate
References in periodicals archive ?
Once a taxpayer uses a method to determine the removed portion's unadjusted depreciable basis, the same method must be consistently applied to all portions of that same asset.
To defer the recognition of gain in a vineyard and winery setting where a significant amount of depreciable property exists, the amount of depreciable property received in the [section]1031 exchange (the replacement property) must be equal to or exceed the amount of depreciable property sold (the relinquished property).
If an asset is considered to be a land improvement not specifically included in another asset class and is otherwise depreciable, it will typically be depreciable over 15 years.
Since their position was that the depreciable improvements were worth only $375,00, the depreciation remaining to be taken was $21,000.
Unfortunately, in determining the depreciable value of the Booth subscribers, the Newhouse experts ignored the fundamental worth of paid circulation--that circulation, at bottom, is the vehicle used by newspapers to garner the advertising revenues from which all profit is derived.
The Tax Court also concluded that restoring the depreciable basis was not a timing issue either, because the depreciation expenses were permanently forfeited upon the decrease in the basis of the asset.
The IRS is also proposing that the depreciable property rule be treated as an application of the general definition of research and experimental expenditures to depreciable property and should not be used to exclude otherwise eligible expenditures.
1031(a)-2(b)(2) generally provides that property within a General Asset Class consists of depreciable tangible personal property described in one of certain asset classes in Rev.
We support legislation to decrease the length of depreciable lives for tenant improvements.
732(d) provides as an example of its application a situation in which land and depreciable property are distributed in a liquidating distribution to a partner (C) who purchased a partnership interest from another partner.
Therefore, there will be unrecovered basis, amounting to the difference between the car's cost and the first-year cap, but no way to depreciate this unrecovered basis in subsequent recovery years because the remaining adjusted depreciable basis after 100% bonus depreciation is zero.
ISSUE: The Economic Recovery Tax Act of 1981 created a depreciable life of 15 years for all real property placed in service after December 31, 1980.