Definition:
Decrease of the original value of fixed assets and intangible fixed assets by allocating a specified part (so-called depreciation allowance) of its value to those cost centers which are connected with using the specified fixed asset or should be debited with the depreciation allowance connected with a specified title (type) of intangible fixed assets. Depreciation covers planned depreciation allowances of fixed assets and of intangible fixed assets.

Source:

• Act of 29 September 1994 on Accounting
  Place of publication: (Dz. U. z 2023 r. poz. 120, z późn. zm.)