"Annual depreciation" refers to the gradual decrease in value or worth of an asset, such as a car or a building, over the course of a year. It represents the amount of value lost or "worn out" each year due to factors like age, usage, or obsolescence.
Full definition
Synonyms for individual words can be found below.
«annual»
«depreciation»
Sentences with «annual depreciation»
- Add the total annual depreciation charges for the asset to calculate accumulated depreciation. (sapling.com)
- It includes projected annual depreciation over the first five years of ownership based on Edmunds» robust market transaction data. (edmunds.com)
- Last, we estimated Seahawk's annual depreciation by multiplying the ratio of Seahawk's 2008 depreciation expense to Pride's GOM operation's 2008 depreciation expense (91 %) against the GOM operation's depreciation during 2006 and 2007. (greenbackd.com)
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