Definition: Depreciation rate

Category: Land estimation

The (assumed) rate at which an asset is depreciated in value during an accounting period. If geometric deprecation is applied the depreciation rate is constant across time for a specific type of asset. http://ec.europa.eu/eurostat/product?code=KS-GQ-14-012&mode=view
Source:
Eurostat, Organization for Economic Cooperation and Development (OECD), "Eurostat-OECD compilation guide on land estimation", Luxembourg, Paris, 2015
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