Mathematics GCSE
Depreciation
What Depreciation means in Mathematics GCSE, as defined for OCR, Pearson Edexcel.
Definitions of Depreciation
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
A decrease in the value of an asset over time.
The decrease in value of an asset over time.
Topics that use Depreciation
- Ratio, Proportion and Rates Of Change (OCR GCSE)
- Ratio, proportion and rates of change (Pearson Edexcel GCSE)
Related terms
- Compound Interest
- Multiplier
- Compound Measure
- Denominator
- Numerator
- Rate of Change
- Recurring Decimal
- Gradient
Using Depreciation in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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