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Definition of Rate of depreciation
1. Noun. The rate at which the value of property is reduced; used to calculate tax deduction.
Lexicographical Neighbors of Rate Of Depreciation
Literary usage of Rate of depreciation
Below you will find example usage of this term as found in modern and/or classical literature:
1. Transactions of the American Institute of Electrical Engineers by American Institute of Electrical Engineers (1911)
"No amount of inspection can show the rate of depreciation due to obsolescence or
inadequacy. A very strong argument can be made in behalf of estimating ..."
2. Accounting Theory and Practice by Roy Bernard Kester (1918)
"The Standardization of Depreciation Rates The determination of the rate of
depreciation of a given asset is essentially an engineering problem. ..."
3. Engineering Valuation of Public Utilities and Factories by Horatio Alvah Foster (1912)
"That is, for example, if a machine cost originally $1000 and the rate of depreciation
is assumed as 10 per cent, then at the end of the first year the ..."
4. The Works of Alexander Hamilton: Containing His Correspondence, and His by Alexander Hamilton (1851)
"... exchange and the rate of depreciation, and to pay the money, if desired, in
Holland, at a rate of exchange corresponding with the difference ; the other ..."
5. Public Utilities Reports by Henry Clifford Spurr, Ellsworth Nichols, Public Utilities Reports, inc (1920)
"The rate of depreciation, of course, varies with different articles, but in :.
composite property such as that under consideration, reasonably accurate ..."