Depreciation is often a method of allocating the money necessary for a tangible tool over its beneficial life. Businesses depreciate long-term resources for both levy and accounting requirements. In accountancy, depreciation is the term for two aspects in the same concept: the lowering in value of resources (fair value depreciation), and the allocation of the money necessary for assets to periods in which the assets are used (depreciation with all the matching principle).
Depreciation
