DOUBLE DECLINING BALANCE DEPRECIATION Definition

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DOUBLE DECLINING BALANCE DEPRECIATION see DECLINING BALANCE DEPRECIATION METHOD.

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NOMINAL RETURN is an investment return that does not take into account the effects of inflation on the investment or return.

BASIS, INVESTMENT, is the cost or book value of an investment. The gain or loss on an investment is the sale price less the basis. Basis is often called "cost basis."

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