How is depreciation calculated and what does it mean? Depreciation is the loss in asset value brought on by an asset's ongoing depreciation over the course of its useful life. Depreciation is calculated by businesses to determine how much their assets have lost in value over time. #asset #assetmanagement #fixedasset #assetdepreciation #depreciationfixedassets #depreciationcost #tranquil #businesssoftware #fixedassetsanddepreciation #fixedassetdepreciationmethods #assetdepreciationmethods #depreciationfixedassetscalculation https://www.tranquilbs.com/asset-depreciation/