Accounting term for the systematic allocation of an asset's cost over its useful life. Common in business and tax contexts.
Depreciation expense is recorded in the annual financial statements.
この機械の減価償却は定額法で行う。
Depreciation of this machine is calculated using the straight-line method.
This machine is scheduled to be depreciated over five years.
The company records a depreciation expense for the building every year.
The depreciation period for this computer is four years.