depreciates Synonyms

depreciates Meaning

depreciates

to deduct from taxable income a portion of the original cost of (a business asset) over several years as the value of the asset decreases, to fall in value compare appreciate, to fall in value, to represent as of little value, to subject to depreciation, to lower in honor or esteem, to lower the price or value of, to lower the price or estimated value of

depreciates Sentence Examples

  1. The value of the car depreciates rapidly, losing half its value within the first three years of ownership.
  2. The company's machinery depreciates over time, reducing its market value.
  3. Investment properties experience depreciation, which gradually lowers their tax basis.
  4. Antique furniture typically appreciates in value, while modern furniture depreciates.
  5. The depreciation expense for equipment is recognized on the income statement, reducing net income.
  6. Goodwill, an intangible asset, is subject to depreciation to reflect its decline in value over time.
  7. Technological advancements can accelerate the depreciation of certain assets, such as computers.
  8. Buildings depreciate over their useful life, lowering their carrying value on the balance sheet.
  9. The economic downturn led to a significant depreciation in the value of real estate.
  10. The IRS allows businesses to deduct depreciation expenses to offset taxable income, recognizing the gradual loss of asset value.

FAQs About the word depreciates

to deduct from taxable income a portion of the original cost of (a business asset) over several years as the value of the asset decreases, to fall in value co

reduces, depresses, devalues, downgrades, marks down,lowers, cheapens, attenuates, devaluates, sinks

enhances, upgrades, appreciates, inflates, multiplies, adds, marks up, bloats, augments,increases

The value of the car depreciates rapidly, losing half its value within the first three years of ownership.

The company's machinery depreciates over time, reducing its market value.

Investment properties experience depreciation, which gradually lowers their tax basis.

Antique furniture typically appreciates in value, while modern furniture depreciates.