Resources > Glossary > Depreciation

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

0-9  A  B  C  [D]  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z  
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.