Depreciation
Emergence definition
As the value of an object or asset changes over time due to wear, obsolescence, or other factors, its measurable magnitude and worth decrease, reflecting a transformation in its quantity.
Wiktionary senses
Historical origin
Prerequisite chain
Neighborhood
In other languages
- Abschreibung German
- depreciation English primary
Prerequisites
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depreciation requires understanding change as a foundational concept
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depreciation requires understanding quantity as a foundational concept
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This is an economics/finance concept; understanding economy comes first