Degradation vs Depreciation - What's the difference?
degradation | depreciation |
The act of reducing in rank, character, or reputation, or of abasing; a lowering from one's standing or rank in office or society; diminution; as, the degradation of a peer, a knight, a general, or a bishop.
The state of being reduced in rank, character, or reputation; baseness; moral, physical, or intellectual degeneracy; disgrace; abasement; debasement.
Diminution or reduction of strength, efficacy, or value; degeneration; deterioration.
(geology) A gradual wearing down or wasting, as of rocks and banks, by the action of water, frost etc.
A deleterious change in the chemical structure, physical properties or appearance of a material from natural or artificial exposure.
The state or condition of a species or group which exhibits degraded forms; degeneration.
Arrest of development, or degeneration of any organ, or of the body as a whole.
The gradual breakdown of components of a material, as a result of a natural element, i.e.: heat, cold and wind.
The state of being depreciated.
The decline in value of assets.
(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.