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What does depreciation mean?

Looking for the meaning or definition of the word depreciation? Here's what it means.

Noun
  1. The state of being depreciated.
  2. The decline in value of assets.
  3. (accounting) The measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets.
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This suggests the need for renewed dollar depreciation, hardly what the foreign exchange markets appear ready to accommodate right now.
After subtracting the general operating costs and the depreciation from the gross profit, we arrive at the operating income.
The bottom line will also benefit from the depreciation in the dollar and nascent signs of firmer pricing power.
The former is intended to compensate the host railway for depreciation of the fixed assets associated with use by other railways.
If you plan on selling the vehicle sometime down the road, you'll shoulder the burden of resale depreciation.
Inflation rates and past depreciation in the exchange rate were largely used as explanatory variables for dollarization.

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