depreciable asset

Definition of "depreciable asset"
  1. An item of value owned by a business that loses value over time and whose cost can be deducted over a certain period
How to use "depreciable asset" in a sentence
  1. The company purchased new office equipment, viewing it as a depreciable asset.
  2. Even though the building is a depreciable asset, it still serves as a productive asset for the business.
  3. The machine, as a depreciable asset, loses its value with each use.

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