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Depreciate

• To allocate the purchase cost of an asset over its life.

 
 Embedded terms in definition
 Asset
Its
Purchase
 
 Referenced Terms
 Hard currency: A freely convertible currency that is not expected to Depreciate in value in the foreseeable future.

<< Depreciable life Depreciation >>

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Discovery consists of looking at the same thing as everyone else does and thinking something different. - Albert Szent-Gyorgyi, 1937 Nobel Prize in Physiology and Medicine

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