The term deprivation has been defined in several ways. As the term occurs in both scientific investigations and common talk, it has to be defined unambiguously. Deprivation is a reality in modern society. Without listing different shades of meaning attached to it by different researchers, one may define it by its general meaning, as a loss of desired things, prevention from the enjoyment of normal home life involving a feeling of inadequacy etc.
Depreciable assets are those assets that can be written down in the books of accounts over a period of time for tax and accounting purposes according to the Internal Revenue Service (IRS) rules.