depreciation rate Antonyms

No Synonyms and anytonyms found

Meaning of depreciation rate

Wordnet

depreciation rate (n)

the rate at which the value of property is reduced; used to calculate tax deduction

depreciation rate Sentence Examples

1. The depreciation rate for the new machinery was set at 10% per annum.
2. As per accounting standards, the company applied a straight-line depreciation rate to its assets.
3. The depreciation rate for vehicles was adjusted based on their expected mileage and usage.
4. Changes in market conditions can influence the depreciation rate of certain assets.
5. The tax authority revised the depreciation rate for certain asset classes to reflect current economic conditions.
6. Management evaluated the impact of changes in the depreciation rate on the company's financial statements.
7. The auditor scrutinized the depreciation rate used by the company to ensure compliance with regulatory requirements.
8. Companies often reassess the depreciation rate of assets when conducting financial reviews.
9. The depreciation rate for the building was adjusted to account for renovations and improvements.
10. Accurate estimation of the depreciation rate is crucial for determining asset value and tax liabilities.

FAQs About the word depreciation rate

What is the meaning of the word depreciation rate

the rate at which the value of property is reduced; used to calculate tax deduction

What are the synonyms of the word depreciation rate

No synonyms found.

What are the antonyms of the word depreciation rate

No antonyms found.

What is the usage of word depreciation rate

The depreciation rate for the new machinery was set at 10% per annum.

As per accounting standards, the company applied a straight-line depreciation rate to its assets.

How to use the word depreciation rate in a sentence?

The depreciation rate for vehicles was adjusted based on their expected mileage and usage.

Changes in market conditions can influence the depreciation rate of certain assets.