depreciation rate
Definition
Percent rate at which an asset is depreciated in any one of the methods for computing depreciation. It is computed by dividing the depreciable cost of the asset by the number of years in (or by the number of units of output or usage during) the asset's estimated productive or useful life.
depreciation rate is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
depreciation rate appears in the definitions of the following terms: double declining-balance depreciation, units-of-output depreciation and straight line depreciation
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