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depreciation
(redirected from Depreciating asset)

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
depreciation,
n the charges against earnings to write off the cost, less salvage value, of an asset over its estimated useful life. It is a bookkeeping entry and does not represent any cash outlay, nor are any funds earmarked for the purpose. There are three classic methods of applying depreciation: straight line, sum of the year's digits, and double declining balance.

depreciation
the decline in value over time of capital items.


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Leasing is a method of funding wherein the funds remain in the business rather than being tied up in depreciating assets.
As it is already a depreciating asset you will want to do as much as possible to keep it from losing any further value and looking after its appearance is definitely a major facet in holding its value.
Cars, clothes and furniture are all depreciating assets.
 
 
 
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