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Definitions from the Web

Term: Depreciable

Definition:

Adjective - capable of being depreciated, especially for tax purposes.

Senses:

1. Capable of being depreciated
2. Subject to depreciation

Usages:

Popular:

1. As a popular usage, depreciable refers to an asset or property that is eligible for depreciation deductions on tax returns.

2. In a popular context, depreciable assets are often long-term investments, such as buildings, machinery, or vehicles, which slowly lose their value over time.

Local:

1. In a local context, depreciable can refer to community resources or facilities that experience a decline in value and require maintenance or upgrades.

2. Within the local business community, depreciable may also describe certain tangible assets that local enterprises can deduct from their taxable income.

Sample Sentences:

1. The company reported a significant reduction in tax liability by utilizing depreciable assets on their financial statements.

2. Investing in depreciable properties can provide long-term financial benefits as their values decline over time.

3. The local council allocated funds for the depreciable playground equipment to ensure the safety of children in the neighborhood.

4. Local entrepreneurs can take advantage of depreciable assets to minimize their tax burdens and reinvest the savings back into their businesses.

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