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Definition of "rate of depreciation" []

  • The rate at which the value of property is reduced; used to calculate tax deduction (noun)

WordNet. Princeton University. 2010.

Use "rate of depreciation" in a sentence
  • "The economic historian Richard Buel concluded in a recent study of the Philadelphia price wars that the efforts of the committees to regulate prices created shortages in the market and actually accelerated the rate of depreciation in Continental money."
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