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The Epic Interactive Encyclopedia 1998
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Epic Interactive Encyclopedia, The - 1998 Edition (1998)(Epic Marketing).iso
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D
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Depreciation
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INFOTEXT
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1992-09-02
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In economics, decline of a currency's value
in relation to other currencies. Depreciation
also describes the fall in value of an asset
(such as factory machinery) resulting from
age, wear and tear, or other circumstances.
It is an important factor in assessing
company profit.