Depreciation
Definition
An expense recorded to reduce the value of a long-term tangible asset. Since it is a non-cash expense, it increases free cash flow while decreasing reported earnings
Tags
expense, cash, cash flow, earning, depreciation, asset
An expense recorded to reduce the value of a long-term tangible asset. Since it is a non-cash expense, it increases free cash flow while decreasing reported earnings
expense, cash, cash flow, earning, depreciation, asset