Depreciated

The term 'depreciated' refers to a reduction in the value or worth of an asset, currency, or investment over time. This decline can be due to factors such as wear and tear, market conditions, or changes in demand. In accounting, it often relates to the systematic allocation of an asset's cost over its useful life.

Depreciated meaning with examples

• The value of the company’s machinery has Depreciated significantly over the past five years due to ongoing use and technological advancements that render older models less desirable.
• In the real estate market, properties in areas with declining populations have Depreciated, leading investors to reconsider their investments and seek emerging neighborhoods with growth potential.
• The economic downturn caused the local currency to depreciate, impacting imports and increasing the cost of foreign goods for consumers and businesses alike.
• For tax purposes, the business owner claimed depreciation on their office equipment, reflecting the diminished value of the assets as they aged and were used in operations.
• Due to inflation and changing market dynamics, the value of collectibles that were once in high demand has Depreciated, leaving many collectors dissatisfied with their investments.