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Information about Depreciation in free legal resources:

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Other Popular Tax Definitions in the World Legal Encyclopedia

Depreciation and International Trade Economy

In relation to international trade economy, Christopher Mark (1993) provided the following definition of Depreciation: A decline in the purchasing power of a currency, relative to one or more .other currencies, as a result of market forces rather than government action. See also devaluation.

Depreciation in International Trade

Meaning of Depreciation, according to the Dictionary of International Trade (Global Negotiator): In foreign exchange, the decline in value of one currency in relation to another currency.

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