DEPRECIATION RATE
(noun)Definitions
There is 1 meaning of the phrase
Depreciation Rate.
Depreciation Rate - as a noun
The rate at which the value of property is reduced; used to calculate tax deduction
Synonyms (Exact Relations)
rate of depreciationExample Sentences
"The depreciation rate for the new equipment is 10% per year."
"The company adjusted the depreciation rate for its assets in accordance with accounting standards."
"The higher depreciation rate resulted in a lower net income for the company."
"Investors should consider the depreciation rate of an asset before making a purchase decision."
"The government is planning to introduce a lower depreciation rate for renewable energy technologies."
