Wednesday 11 April 2007

Ask About English Q44: 'depreciation'

Hi,

What is the difference between depreciation and deterioration ?

Thanks


Hi,

Basically depreciation is

a decrease or loss in value, because of age, wear, or market conditions.

whereas deterioration is

the decline in the quality of equipment or structures over a period of time
because of chemical or physical action of the environment.


Hope this answers your question

Matt

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