undepreciated
Definition
- Adjective:
- Not reduced in value over time: "undepreciated" describes an asset or item that has not experienced a decrease in its monetary worth, typically due to accounting depreciation or market factors.
- Maintaining original cost basis: In finance and accounting, an "undepreciated" asset retains its full original cost on the books, meaning no depreciation expense has been recorded against it.
Usage Examples
- (The vehicles have not yet had their value reduced for accounting purposes.)
- (The furniture was sold without any loss in its original worth.)
- (The asset's full original cost was still recorded without any deduction for depreciation.)
Advanced Usage
"undepreciated asset": an asset for which no depreciation has been charged, often because it is new or not subject to wear and tear.
- The building is considered an undepreciated asset in the company's portfolio. (The building's value has not been reduced by accounting depreciation.)
"undepreciated cost": the original cost of an asset before any depreciation deductions.
- The undepreciated cost of the machinery was used to calculate the insurance premium. (The full purchase price without depreciation adjustments.)
Variants and Related Words
Depreciated (adj): having a reduced value over time.
- The used car is heavily depreciated compared to its original price. (The car's value has decreased significantly.)
Depreciation (n): the reduction in the value of an asset over time, especially due to wear and tear.
- The accountant calculated the annual depreciation for the office equipment. (The yearly loss in value was determined.)
Depreciate (v): to diminish in value over time.
- New cars depreciate quickly in the first few years. (Their value drops rapidly.)
Synonyms
- Unreduced: not made smaller in amount or value.
- Undiminished: not lessened or decreased.
- Unimpaired: not weakened or damaged in value.
Related Idioms
- Hold its value: to retain worth over time (often used for assets like gold or real estate).
- This vintage watch has held its value and remains undepreciated. (It has not lost its monetary worth.)