arvonalennus — meaning in English
Finnish → English · translate English → Finnish instead
English meaning
- depreciation noun In accounting, the spreading of the cost of an asset over the years it is used, recorded as an expense to reflect the value it loses through wear and age.
- impairment noun A weakening or reduction in how well something functions.
Senses
arvonalennus is used for these senses in English:
- depreciation (accounting) The measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets.
- diminished value (legal, insurance) A compensable loss in a property item's value after having been damaged and subsequently repaired or, in the case of a construction, having been constructed improperly or not according to contract.
- impairment (accounting) A downward revaluation, a write-down.
depreciation — full definition
- noun In accounting, the spreading of the cost of an asset over the years it is used, recorded as an expense to reflect the value it loses through wear and age.
- noun A fall in the value or price of something over time.
impairment — full definition
- noun A weakening or reduction in how well something functions.
- noun A physical or mental disability.
- noun In accounting, a permanent reduction in the recorded value of an asset.