Meaning & use

Depreciable

adjective·Academic

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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