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What does depreciable mean?

Looking for the meaning or definition of the word depreciable? Here's what it means.

Adjective
  1. Able to be depreciated.
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Examples
The general rule of charging off a depreciable asset during its life does not determine what the charge will be each year.
While fine art is not depreciable, lease payments are tax deductible, according to the company.
Depreciation is the systematic allocation of the depreciable amount of an asset over its useful life.
Depreciation is computed over the estimated useful lives of depreciable assets using the straight-line method.
The image of mighty geysers spewing depreciable assets out of the ground is forever linked to the state.
New appliances, additions and improvements would be considered investments that would also be depreciable.

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