The measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets.
The decline in value of assets.
The state of being depreciated; disparagement.
Waste or misapplication of the assets of a deceased person by an executor or administrator; devastation.
In full, writ of devastavit: a writ issued against an executor or administrator claiming compensation for such misapplication of assets.