Physical depreciation definition
Physical depreciation means a value as determined according to standard business practices.
Physical depreciation means a value as deter- mined according to standard business practices.
Physical depreciation means the physical deterioration as evidenced by wear and tear, decay or depletion of the property.
Examples of Physical depreciation in a sentence
Physical depreciation is evidenced by wear and tear of the structure.
Physical depreciation is based on the estimated effective age of the subject property.
More Definitions of Physical depreciation
Physical depreciation means a value as determined according to standard business prac- tices.