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Depreciation vs Redemption - What's the difference?

depreciation | redemption |

As nouns the difference between depreciation and redemption

is that depreciation is the state of being depreciated while redemption is the act of redeeming or something redeemed.

depreciation

English

Noun

  • 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.

    • See also

    * ("depreciation" on Wikipedia)

    redemption

    English

    (wikipedia redemption)

    Noun

  • the act of redeeming or something redeemed
  • the recovery, for a fee, of a pawned article
  • salvation from sin
  • rescue upon payment of a ransom

    • Derived terms

    * beyond redemption * past redemption * redemption fatigue * redemption price * redemption value