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An asset depreciates in value when the amount of money for which the asset can be sold decreases over time. A well known recent example is residences in Los Angeles, Las Vegas, south Florida, and most of Great Britain.

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15y ago

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Related Questions

How can you use the word depreciate in a sentence?

The value of the car will depreciate as soon as you drive it off the lot. Less spending made the value of many stocks depreciate.


Do gift cards depreciate in value over time?

No, gift cards typically do not depreciate in value over time.


What is the meaning of the depreciate?

Depreciate means to reduce in value over time or lessen in estimation and esteme.


What is another word for to fall in value?

Depreciate.


On average how much does a vehicle depreciate in value per year?

On average, the typical vehicle can depreciate in value between 4 and 10% per year. Many factors can determine how quickly a car's value will depreciate, one of the largest factors being the vehicle's make and model.


Do wrecks depreciate the value of a new car?

Absolutely


What depreciate mean?

Depreciates means to reduce in the value of assets due to wear and tear of that assets due to usage in business activity.


Once an item is consumed when does its value begin to depreciate?

immediately


What is the expected lifespan for computer hardware before it starts to depreciate in value?

The expected lifespan for computer hardware before it starts to depreciate in value is typically around 3 to 5 years.


Why fixed asset are subject to depreciation?

fixed asset does not mean that the value of asset no decrease in future it,s for sure, that,s why we depreciate it annually.....


What is ammortisation?

to depreciate the value of an asset by reducing its cost over a period


Why do assets depreciate in value?

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