difference between devaluation and depreciation?

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difference between devaluation and depreciation?

2006-10-03 08:51:28 · 3 answers · asked by MoB 1 in Business & Finance ➔ Other - Business & Finance

3 answers

depreciation usually deals with loss of value to degradation of physical condition.
devaluation is related to loss of value due to market conditions.
That's at least the way I've learned it.

2006-10-03 08:55:14 · answer #1 · answered by forourspam 2 · 0⤊ 0⤋

Difference Between Devaluation And Depreciation

2017-01-15 05:01:40 · answer #2 · answered by Anonymous · 0⤊ 0⤋

Devaluation is a reduction in the value of a currency with respect to other monetary units. Depreciation is used for the unofficial decrease of the exchange rate in a floating exchange rate system

2006-10-03 08:55:39 · answer #3 · answered by jim 6 · 0⤊ 0⤋