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depreciación

depreciation

noun deh-preh-syah-SYOHN Rare
People & Society Money

Usage Note

Depreciación is an accounting and economics term for the loss of value of an asset over time — both through use (depreciación por uso) and in currency terms (depreciación del peso). It is distinct from amortización, which refers to the scheduled write-down of an asset in accounting. Devaluación is reserved for a deliberate government reduction of a currency's value.

Examples

"La depreciación del vehículo fue mayor de lo esperado."

Natural Translation

The depreciation of the vehicle was greater than expected.

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