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What is depreciation?
A term that is extensively associated with production, this implies the loss in value of a product after a certain point of time. This may happen after usage of the product or merely after keeping it over a long time.
Thus, one has to keep oneself updated regarding every aspect of price rise and fall. So, it is necessary that one is very sure of what the market trends are and exactly what our position is. This is necessary for making correct judgment of situation.
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