"Rapid depreciation" means that something, such as a car or asset, is quickly losing its value or becoming worth less.
Full definition
Synonyms for individual words can be found below.
«rapid»
«depreciation»
Sentences with «rapid depreciation»
- As a result of rapid depreciation of new cars, many people are now opting for a salary increase instead of a car allowance. (targetjobs.co.uk)
- However, we must be mindful of the risk that a further rapid depreciation could push overall inflation higher relatively quickly. (bankofcanada.ca)
- It's been well established that new vehicles incur rapid depreciation as soon as they're driven off the lot. (moneysense.ca)
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