Money
Depreciation
Spreading the cost of a physical thing the company owns (servers, laptops, an office fit-out) over the years it's useful, instead of counting it all at once. A £30,000 server used for three years shows up as £10,000 a year.
You'll hear it as
The servers are fully depreciated, so on paper they're worth nothing.
Why it matters to you.
It's why buying kit can look cheaper than renting it on the P&L, even when it isn't.
Related terms.
Videos.
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