depreciation vs wear and tear

depreciation and wear and tear both are nouns.

Word	Noun	Adjective	Verb	Adverb
depreciation	Yes	No	No	No
wear and tear	Yes	No	No	No

As nouns, depreciation and wear and tear are synonyms defined as:

depreciation and wear and tear: decrease in value of an asset due to obsolescence or use

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