What is the meaning of rate of depreciation?

noun

  • The rate at which the value of property is reduced; used to calculate tax deduction.
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APAWordNet. (2010). rate of depreciation. Retrieved September 22, 2026, from http://smartdefine.org/rate_of_depreciation/definitions/1242835
ChicagoWordNet. 2010. "rate of depreciation" http://smartdefine.org/rate_of_depreciation/definitions/1242835 (accessed September 22, 2026).
HarvardWordNet 2010, rate of depreciation, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/rate_of_depreciation/definitions/1242835>.
MLAWordNet. "rate of depreciation" 23 October 2010. Web. 22 September 2026. <http://smartdefine.org/rate_of_depreciation/definitions/1242835>