depreciation vs lay waste to

depreciation is a noun but lay waste to is not a noun.

Word	Noun	Adjective	Verb	Adverb
depreciation	Yes	No	No	No
lay waste to	No	No	Yes	No

depreciation (noun)	lay waste to (noun)
a decrease in price or value
a communication that belittles somebody or something
decrease in value of an asset due to obsolescence or use

depreciation (verb)	lay waste to (verb)
	cause extensive destruction or ruin utterly