Depreciation, Microeconomics

Depreciation: This signifies the loss of value from an existing stock of real capital (for an individual company or for whole economy), reflecting normal wear-and-tear of machinery, equipment, and infrastructure. A country or company should invest continuously just to offset depreciation, or else its capital stock shall gradually run down.

Posted Date: 8/26/2013 1:18:06 AM | Location : United States







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