ECONOMIC DEPRECIATION Definition

Bookmark and Share

ECONOMIC DEPRECIATION is the decline in real estate property value caused by external forces, such as neighborhood blight or adverse development.

Learn new Accounting Terms

PEGBOARD SYSTEM see ONE-WRITE SYSTEM.

FEEDBACK is the process in which part of the output of a system is returned to its input in order to regulate its further output, e.g. a management feedback system would assess the effectiveness of management or a given process and feed the analyzed results back into management for development of positive change.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.