rate of depreciation Antonyms
No Synonyms and anytonyms found
Meaning of rate of depreciation
Wordnet
rate of depreciation (n)
the rate at which the value of property is reduced; used to calculate tax deduction
FAQs About the word rate of depreciation
the rate at which the value of property is reduced; used to calculate tax deduction
No synonyms found.
No antonyms found.
The building had a rate of depreciation of 2.5% per year, resulting in a gradual decrease in its value over time.
The accelerated rate of depreciation allowed the company to claim a larger tax deduction in the early years of the asset's life.
The rate of depreciation is determined by factors such as the asset's useful life and salvage value.
The higher the rate of depreciation, the quicker the asset will lose its value on paper.
