Depreciations

/ˌdeprɪʃiˈeɪʃənz/ noun

Definition

Multiple instances of decrease in value or multiple acts of disapproving; the plural form of depreciation.

Etymology

From depreciate plus -ion suffix (creating a noun) plus -s for plural; follows the Latin root depreciari with Romance language noun formation.

Kelly Says

Accountants obsess over 'depreciations' because they're legally allowed deductions that reduce taxes—a company can write off thousands in depreciation and actually lower their tax bill while still owning valuable equipment.

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