What is another word for depreciation charge?
Pronunciation: [dɪpɹˌiːʃɪˈe͡ɪʃən t͡ʃˈɑːd͡ʒ] (IPA) 
The term "depreciation charge" refers to the reduction in the value of an asset over time. It is commonly used in accounting to describe the cost of using an asset for business purposes. There are several other synonyms for this term, including asset depreciation, capital cost allowance, amortization, and depletion expense. These terms are often used interchangeably, depending on the type of business or industry. For example, asset depreciation is commonly used in manufacturing and construction industries, while capital cost allowance is often used in the real estate and mining sectors. Regardless of the term used, the purpose of a depreciation charge is to accurately reflect the true value of an asset over its useful life.
