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Opposite of depreciation is appreciation which is increase in the value of an asset over a period of time.<br> <br> Accounting estimates the decrease in value using the information regarding the useful life of the asset. This is useful for estimation of property value for taxation purposes like property tax etc. For such assets like real estate, market and economic conditions are likely to be crucial such as in cases of economic downturn.<br> <br> <strong>Also See: </strong>Accretion, Accelerated Depreciation, Appreciation, Economic Depreciation, Economic Life<br> <br> <em><strong>Learn more about Depreciation</strong></em><br> <br> <embed allowfullscreen="true" allownetworking="all" allowscriptaccess="always" flashvars="relatedvideo=http://economictimes.indiatimes.com/videpostroll_v2/33237179.cms&channelid=10002&videosection=videoshow&id=47623394&duration=01:53&title=Learn more about Depreciation&keywords=&section=&playerid=24&contentid=0_fro71gq9&autoplay=1&description=Learn more about Depreciation" height="420" id="embedMovie" name="myMovie" pluginspage="http://www.macromedia.com/go/getflashplayer" quality="high" src="http://timesofindia.indiatimes.com/configspace/ads/timesChannelWrapper.swf" type="application/x-shockwave-flash" width="545" wmode="transparent"></embed><br> </p> <meta content="cms.next" name="cmsei"></div></div><div class="clr"></div><div id="widgetSEO" class="widgetSEO"><div class="readMoreTopics seoWidget seoWidget_con clearfix"><div class="prel"><h2 class="head">Read More News on</h2><div class="nextprev-btn slider_embd"><div data-ga-onclick="Previous | href" class="prev-btn arw_blk disable flt"><span class="alft"></span></div><div class="ts-dots flt"><ul></ul></div><div data-ga-onclick="Next | href" class="next-btn arw_blk ryt flt"><span class="aryt"></span></div></div></div><div id="slides_SEO" class="overh slides clearfix"><ul><li><a href="/topic/depreciation" title="DEPRECIATION">DEPRECIATION</a><a href="/topic/market" title="MARKET">MARKET</a><a href="/topic/property" title="PROPERTY">PROPERTY</a><a href="/topic/tax" title="TAX">TAX</a></li><li><a href="/topic/currency" title="CURRENCY">CURRENCY</a><a href="/topic/real-estate" title="REAL ESTATE">REAL ESTATE</a><a href="/topic/taxation" title="TAXATION">TAXATION</a></li></ul></div></div></div><div class="prevNextDefNames"><ul><li class="flt"><a href="/definition/demonetization" title="PREV DEFINITION"><div class="prevDef flt"><i class="prev"></i>PREV DEFINITION</div></a><div class="clr"></div><div id="prevDefLinks"><a href="/definition/demonetization" title="Meaning of Demonetization in Economy">Demonetization</a><br><div class="synopsis"></div><a class="moreRead" href="/definition/demonetization" title="Read more about Demonetization in Economy">Read More</a></div></li><li class="flt"><a href="/definition/depression" title="NEXT DEFINITION"><div class="nextDef fltr">NEXT DEFINITION<i class="next"></i></div></a><div class="clr"></div><div id="prevDefLinks"><a href="/definition/depression" title="Meaning of Depression in Economy">Depression</a><br><div class="synopsis">Depression is defined as a severe and prolonged recession. A recession is a situation of declining economic activity.</div><a class="moreRead" href="/definition/depression" title="Read more about Depression in Economy">Read More</a></div></li><div class="clr"></div></ul></div><div class="related_definition"><div class="related_defHeader"><div class="head flt">Related Definitions</div><div class="FAQ_pagination fltr"><div class="flt" id="pre"><a href="javascript:void(0);"><i class="prev"></i></a></div><div class="fltr" id="post"><a href="javascript:void(0);"><i class="next"></i></a></div><div class="clr"></div></div><div class="clr"></div></div><ul><li><a class="bdbottom" title="Asset Turnover Ratio" href="/definition/asset-turnover-ratio">Asset Turnover Ratio<div class="synopsis"><p>Asset turnover ratio is an indicator of the efficiency with which a company is deploying its assets to produce the revenue. Thus, asset turnover ratio can be a determinant of a company’s performance. The higher the ratio, the better is the company’s performance. Asset turnover ratio can be different from company to company. Usually, it is calculated on an annual basis for a specific financial year</p></div></a><a class="bdbottom" title="Austerity" href="/definition/austerity">Austerity<div class="synopsis"><p> economic growth of country is determined by factors such as Capital structure, Human resources, Natural resources and revenue generation of businesses operating within the nation. A decline in the economic development can impact all the four factors of a government system. One of the main contributors of decline in the economic system is debts. A country borrows money from creditors, with the vie</p></div></a><a title="Bailout" href="/definition/bailout">Bailout<div class="synopsis"><p>Bailout is a general term for extending financial support to a company or a country facing a potential bankruptcy threat. It can take the form of loans, cash, bonds, or stock purchases. A bailout may or may not require reimbursement and is often accompanied by greater government oversee and regulations.The reason for bailout is to support an industry that may be affecting millions of people intern</p></div></a><a title="Balance Of Payment" href="/definition/balance-of-payment">Balance Of Payment<div class="synopsis"><p>According to the RBI, balance of payment is a statistical statement that shows 1. The transaction in goods, services and income between an economy and the rest of the world, 2. Changes of ownership and other changes in that economy’s monetary gold, special drawing rights (SDRs), and financial claims on and liabilities to the rest of the world, and 3. Unrequited transfers. Description: The tran</p></div></a></li><li><a class="bdbottom" title="Bank Rate" href="/definition/bank-rate">Bank Rate<div class="synopsis"><p>Bank rate is the rate charged by the central bank for lending funds to commercial banks. Description: Bank rates influence lending rates of commercial banks. Higher bank rate will translate to higher lending rates by the banks. In order to curb liquidity, the central bank can resort to raising the bank rate and vice versa. Also See: Base Rate, Call Money Rate </p></div></a><a class="bdbottom" title="Barter" href="/definition/barter">Barter<div class="synopsis"><p> the hard currency came into existence, the most common form of trade was bartering. Barter Systemdates back to the old time when there was no money. The only way to buy goods was to exchange them with personal belongings of similar value. For example- A farmer gives his cattle in exchange for some land, and so on. In simple words, any exchange of goods and services for other goods and services wi</p></div></a><a title="Base Rate" href="/definition/base-rate">Base Rate<div class="synopsis"><p>Base rate is the minimum rate set by the Reserve Bank of India below which banks are not allowed to lend to its customers. 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