wear and tear

1. is a type of:

   • non-cash expense - an expense (such as depreciation) that is not paid for in cash
   • financial loss - loss of money or decrease in financial value
   subtypes:

   • 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
   • write-down, write-off - (accounting) reduction in the book value of an asset
   same as: depreciation

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