Home > Term: depreciation rate
depreciation rate
Percent rate at which an asset is depreciated in any one of the methods for computing depreciation. It is computed by dividing the depreciable cost of the asset by the number of years in (or by the number of units of output or usage during) the asset's estimated productive or useful life.
- Part of Speech: noun
- Industry/Domain: Accounting
- Category: General accounting
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- anton.chausovskyy
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