• Valuation is the increase in the value of an asset over time.

  • This is different from depreciation, which reduces the value of an asset over its useful life.
  • The rate of appreciation is the rate at which an asset increases in value.
  • Capital gain refers to the increase in the value of financial assets such as shares.
  • Currency appreciation refers to the increase in the value of one currency relative to another in the foreign exchange markets.