Arcade › Glossary › Professional & Ethics › Depreciation Professional & Ethics Depreciation Spreading the cost of a long-lived asset over the years it's used, instead of expensing it all at once. It's a non-cash charge that lowers reported profit — which is why cash flow can look healthier than earnings. Want more than a definition? Learn it in Charter Climb → Related terms Accrual Accounting Income Statement EBITDA ← Previous Corporate Finance Next → Disclosure ← All Professional & Ethics terms
