Deteriorate

Deterioration

Deterioration, Having regard to the background and the setting in which the word 'deterioration' occurs in s. 76 of the new Act it seems to us that the Parliament intended that the word should be used in its ordinary parlance and in a restricted sense so as to include within its ambit the actual physical act of deterioration, i.e. the physical part of it, namely, the change for the worse in the thing itself, Union of India v. Steel Stock Holders, (1976) 3 SCC 108: AIR 1976 SC 879: (1976) 3 SCR 504. [Railways Act, 1890, s. 76]...

To make worse to make inferior in quality or value to impair as to deteriorate the mind...

Treatment

Treatment, is said to be also employed to indicate all the steps taken in order to effect a cure of an injury or disease, Himanshu Sekhar Nandy v. District Magistrate, Balasore, 1976 Cut LT 1262: 1976 Cut LR (Cr) 457.Treatment, would include such steps as would not only tend to effect cure of some disease but also as would prevent further deterioration of the disease. The expression connotes a remedial measure either to cure or to prevent deterioration. Hence, prescription of pair of spectacles by eye specialist would be treatment, Himanshu Sekhar Nandy v. D.M. Balasore, (1976) 42 Cut LT 1262....

depreciation

depreciation 1 : any decrease in the value of property (as machinery) for the purpose of taxation that cannot be offset by current repairs and is carried on company books as a yearly charge amortizing the original cost over the useful life of the property accelerated depreciation : the depreciation of property that was put into use prior to 1980 which is allowed at a faster rate than normal under the depreciation rules in force before the adoption of the Accelerated Cost Recovery System straight-line depreciation : depreciation of an asset by a fixed percentage of its original cost based on its estimated life 2 : a loss in the value of property due to physical deterioration and wear or to obsolescence and lack of adaptability ...

nonconsumable

nonconsumable : a thing (as land, furniture, or shares of stock) that may be enjoyed without altering its substance except for natural deterioration over time ...

obsolescence

obsolescence : a loss in the utility or value of property that results over time from intrinsic limitations (as outmoded facilities) or external circumstances NOTE: Obsolescence is usually distinguished from depreciation and physical deterioration. eco·nom·ic obsolescence : obsolescence that results from external factors (as location) that render a property obsolete, no longer competitive, unattractive to purchasers or investors, or of decreasing usefulness [claimed that the appraisal failed to account for economic obsolescence resulting from an adjacent waste facility] func·tion·al obsolescence [fək-shə-nəl-] : obsolescence deriving from a lack of adequate or appropriate equipment, space, or design ...

replacement

replacement 1 a : the act of replacing : the state of being replaced b : an insurer's option under a policy to replace or repair damaged property rather than pay the insured for the loss 2 : something that replaces ;specif : a new fixed asset or portion of an asset that takes the place of one discarded (as because of deterioration) ...

Deteriorate - Law Dictionary Search Results