Travel Industry Dictionary Find Definitions Center Rule Travel Words Start with G
A Travel Words B Travel Words C Travel Words D Travel Words E Travel Words F Travel Words G Travel Words H Travel Words I Travel Words J Travel Words K Travel Words L Travel Words M Travel Words M Travel Words O Travel Words P Travel Words Q Travel Words R Travel Words S Travel Words T Travel Words U Travel Words V Travel Words W Travel Words X Travel Words Y Travel Words Z Travel Words Number Travel Words

Define Depreciation

depreciation. In taxation, a deduction taken to account for the decline in value of assets, such as machines used in a business, over a period of time. Used to offset the cost of acquiring the asset. See also expensing.

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