short definition of depreciation in accounts?

Answer 1

Depreciation is the process of allocating the cost of long-lived plant assets other than land to expense over the asset's estimated useful life.
Depreciation refers to the using-up of an asset. Assets like computers, tables and chairs, etc, will not last forever. As time goes on, due to wear and tear, they will deteriorate or become obsolete due to advances in technology. One fine day, you'll have to throw them away. Depreciation is to recognise this wear & tear.

The attached site gives a very good explanation of depn.

Answer 2

Hmmm "broke" describes that statement or "withdrawal of funds"