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Real Estate Glossary

Depreciation

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Written by Luis Escobar

This refers to a loss or decrease in the price or value of a particular asset, which may be due to age, wear and tear, or other causes. Depreciation takes place when the market value of an asset is lower than what the investor paid for the said asset. This term can also refer to a decrease in the value of stocks, bonds, real estate, or any other investable asset.

This refers to a loss or decrease in the price or value of a particular asset, which may be due to age, wear and tear, or other causes. Depreciation takes place when the market value of an asset is lower than what the investor paid for the said asset. This term can also refer to a decrease in the value of stocks, bonds, real estate, or any other investable asset.

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Luis Escobar

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