Definition: To lower the price or estimated value, a deduction for tax purposes.
Pronunciation: \di-prē-shē-ˈā-shən\
Used in a Sentence: We were entitled to a depreciation deduction due to the deterioration of the property.
Definition: To lower the price or estimated value, a deduction for tax purposes.
Pronunciation: \di-prē-shē-ˈā-shən\
Used in a Sentence: We were entitled to a depreciation deduction due to the deterioration of the property.