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when u buy a car and as soon as u take it out of the dealer ship it loses vaule so what is the term for something that loses vaule its a 12 letter word _ _ _ _ _ _ _ _ _ i _ _

2007-02-14 10:26:55 · 4 answers · asked by Anonymous in Social Science Economics

4 answers

Amortization

(Be aware that this is more of an accountancy term than an economic term. A car´s amortization is a classical example)

Note: Depreciation is best used to describe the depletion of a natural resource, like an oil well. The extraction of more and more oil during the economical life of this well is called depreciation.

2007-02-14 14:48:34 · answer #1 · answered by zap 5 · 0 2

It's depreciation.

Hmm maybe not... that's 13 letters.

depreciable is 12 letters

2007-02-14 18:30:48 · answer #2 · answered by Vegan 7 · 0 0

depreciation! uh oh

2007-02-14 18:35:30 · answer #3 · answered by Cheers 1 · 0 0

depreciation?

2007-02-14 18:29:30 · answer #4 · answered by Anonymous · 0 0

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