Depreciation

When something loses value over time. Something that depreciates is typically an actual item like a car or computer—it loses value/relevance soon after you purchase it. (New cars depreciate 15-20% the second you drive them off the lot, and we’ve all felt the burn of buying a schmancy new gadget only to have a newer one come out a few months later.) (See also: Appreciation)

« Back to Glossary Index
2017-12-12T20:11:13+00:00

Leave A Comment