| Webster's Online Dictionary |
| Expressions | Definition | ||
| Economic depreciation | In economics, economic depreciation is seen as the change in the market value of capital over a given period. It is calculated as the market price of the capital at the beginning of the period minus its market price at the end of the period. (references) | ||
Source: compiled by the editor from various references; see credits. | Top | ||
| Expressions | Domain | Definition | |
| Capital replacement or economic depreciation | Economics | The portion of the value of machinery and equipment, in addition to repairs, that is used up in the production of a particular commodity. It is based on the current value of the machinery. Capital replacement may be regarded as a discretionary expense in any particular year. It may be deferred when income is low but ultimately must be paid to maintain the capital stock so that over the long term, the operation remains in business. (references) | |
| Economic depreciation | Finance | The loss of value of real estate due to changes occurring outside of the affected property, such as a decline in the neighborhood or changes in zoning. (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||
