What is the meaning of depreciation rate?

noun

  • The rate at which the value of property is reduced; used to calculate tax deduction.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). depreciation rate. Retrieved September 22, 2026, from http://smartdefine.org/depreciation_rate/definitions/1269936
ChicagoWordNet. 2010. "depreciation rate" http://smartdefine.org/depreciation_rate/definitions/1269936 (accessed September 22, 2026).
HarvardWordNet 2010, depreciation rate, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/depreciation_rate/definitions/1269936>.
MLAWordNet. "depreciation rate" 23 October 2010. Web. 22 September 2026. <http://smartdefine.org/depreciation_rate/definitions/1269936>