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Resources > Glossary > Depreciation

Glossary of Notary Public, Mortgage, Signing Agent, and Loan Signing Terms.

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Common Terms 1   Common Terms 2

Depreciation

Phonetics: de·pre·ci·a·tion    \di-'prē-shē-ˌā-shən\

Function: noun

Neither depreciation nor amortization will effect the cash flow of a company.

Definition 1:
A decline in the value of property; the opposite of appreciation.

Definition 2:
To spread teh cost of an asset over the span of several years.

Thesaurus / Related Terms
Appreciation
Amortization