What is another word for depreciation rate?
Pronunciation: [dɪpɹˌiːʃɪˈe͡ɪʃən ɹˈe͡ɪt] (IPA) 
Depreciation rate is a term used in accounting and finance for the declining value of assets over time. However, there are a few other terms that can be used interchangeably for depreciation rate. One such term is asset reduction rate, which refers to the reduction in value of an asset. Another synonym could be amortization rate, which is the gradual reduction of a loan or intangible asset. The term wear and tear rate is also commonly used to describe the decrease in value of physical assets due to usage and aging. Finally, the term decline rate could also be used to refer to the depreciation of an asset.
