depreciation

Definition

The reduction in value of an asset over time, often used in accounting. It can also refer to a decrease in worth or importance.

한국어 시간이 지남에 따라 자산의 가치 감소. 회계에서 흔히 쓰이며, 가치나 중요성의 감소를 의미하기도 한다.

Example

"The company recorded annual depreciation of its machinery to reflect wear and usage."