Dictionary
de•pre•ci•a•tion
Pronunciation: (di-prē"shē-ā'shun), [key]—
n.
1. decrease in value due to wear and tear, decay, decline in price, etc.
2. such a decrease as allowed in computing the value of property for tax purposes.
3. a decrease in the purchasing or exchange value of money.
4. a lowering in estimation.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.