wear_and_tear (HyperDic hyper-dictionary)

English > 1 sense of the expression *wear and tear*:
NOUN	possession	wear and tear, depreciation	decrease in value of an asset due to obsolescence or use

English > *wear and tear*: 1 sense > noun 1, possession
Meaning	decrease in value of an asset due to obsolescence or use.
Synonym	depreciation
Narrower	straight-line method, straight-line method of depreciation	(accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the asset's useful life
Narrower	write-off, write-down	(accounting) reduction in the book value of an asset
Broader	financial loss	Loss of money or decrease in financial value
Broader	non-cash expense	An expense (such as depreciation) that is not paid for in cash
Spanish	depreciación, desgaste, desvalorización

HyperDic: wear_and_tear