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wear and tear
(redirected from Wear & tear)

   Also found in: Legal, Financial, Acronyms, Wikipedia 0.01 sec.
wear and tear  (târ)
n.
Loss, damage, or depreciation resulting from ordinary use and exposure.

wear and tear
n
damage, depreciation, or loss resulting from ordinary use
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.wear and tear - decrease in value of an asset due to obsolescence or usewear and tear - decrease in value of an asset due to obsolescence or use
non-cash expense - an expense (such as depreciation) that is not paid for in cash
financial loss - loss of money or decrease in financial value
straight-line method, straight-line method of depreciation - (accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the asset's useful life
write-down, write-off - (accounting) reduction in the book value of an asset


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