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)

References in periodicals archive ?
ACV is not a substantive measure of damages, but, rather, a representation of the depreciated value of the property immediately prior to damages.
The Tunisian dinar has depreciated by -14.1% against the Dollar , until December 29, traded at $0.4262 against a -7.6% drop in 2015, -11.5% in 2014 and -6.1% in 2013, according to a Central Bank of Tunisia (BCT) report on the development of nominal exchange rate in certain countries.
I believe that the critical point is to know whether the value of the depreciated lira will be long lasting or not.
Accordingly, if the property is eventually sold for more than its depreciated basis and resulting in a gain, then it had not truly been losing value while the depreciation expense was being taken.
The depreciated value of the Kitchen Equipment so transferred would be adjusted by OC in its Books of Accounts towards repayment of Government Loan outstanding against OC.
Euro depreciated to one euro=US$1.28, while Korean won also dropped to US$1=1,166 won.
The decision determined that apartment properties are a single asset that must be depreciated over 27.5 years as opposed to a collection of components that can be depreciated over shorter periods.
The pound sterling also depreciated against the rupee, as it started the day's trading at Rs 136.76 for buying and after declining by Rs 1.55 closed at Rs 135.21 for buying and Rs 135.41 for selling.
"There are a lot of things that make local ethnic Albanians feel depreciated by the high state institutions.
The dollar has depreciated roughly 10 percent from its recent peak in March 2009, on a broad trade-weighted basis against the currencies of our key trading partners.
* If the depreciation period and/or method previously used for the relinquished and replacement property are the same, the replacement property is depreciated using the same period and/or method.
The weakest growth was seen in the Northeast, where the Zindex actually depreciated -1.8% year-over-year, fueled by a significant drop in the condo market of -3.5% year-over-year.