Meaning & use
Depreciable
Last updated
Capable of losing value over time in a way that can be recorded and deducted for accounting or tax purposes.
See it in a sentence
Office computers are depreciable assets that businesses can write off over several years.
The accountant explained which equipment counted as depreciable property.
A note on using this word
A key term in accounting and tax law, distinguishing assets that lose value over time, like machinery, from those that don't, like land.
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