Definition of economic depreciation

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TeachMeFinance.com - explain economic depreciation



economic depreciation -- the loss of value of real estate due to changes occurring outside of the affected property, such as a decline in the neighborhood or changes in zoning.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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