Doodlingo

First visit

Depreciation

Level

Associate

You've probably heard of things losing their value over time. That's called 'depreciation'. It's like when a new car isn't as much after it's been driven for a year.

Context

Business

In accounting, 'depreciation' allows companies to spread the cost of a large over several years of use. A might announce, 'Due to depreciation, our heavy machinery value reduced by 10% this past year.'

Practice in Professional Context

Listen to the given audio and respond using 'depreciation'.

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