depreciation

S2 W2

BrE /dɪprəˈseɪʃn/ AmE /dɪprəˈseɪʃn/

noun en → es

1 FINANCE [singular] B2

the reduction in the value of an asset over time, especially for tax or accounting purposes

depresión (en valor), depreciación contable

  • depreciation of something

Collocations depreciation in value · accounting depreciation

  • The company has been hit by a sharp depreciation in the value of its assets.

    La empresa ha sufrido una fuerte depresión en el valor de sus activos.

2 ECONOMICS [singular] C1

a reduction in the value of a currency compared to other currencies, usually because people have less confidence in it

devaluación (monetaria), depreciación cambiaria

  • depreciation against something

Collocations currency depreciation · exchange rate depreciation

  • The country's currency has suffered a significant depreciation against the dollar.

    La moneda del país ha sufrido una depreciación significativa frente al dólar.