DEPRECIATION - dewaluacja
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The Word of the Week: |
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DEPRECIATION (noun) /dɪˌpriːʃɪˈeɪʃ(ə)n/
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Definition: |
Decline in the market value of an asset. |
Example: |
The proposed site of the factory may lead to depreciation of property value in the immediate vicinity. |
Polish Translation: |
dewaluacja |
Did you know? |
Depreciation is also referred to when the value of a currency falls compared to currencies of other countries, causing imports to cost more and exports to be worth less. |
Check your memory: |
If a person or business is _______, they have money in the bank and are not in debt. |
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