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Select the word or phrase that best matches the definition or example.
-Process in which many African and Asian states won their independence from Western colonial rule,in most cases by negotiated settlement with gradual political reforms and a program of investment rather than through military confrontation.
Depreciated
Depreciated refers to the decrease in value of an asset over time, often due to wear and tear or obsolescence, recognized in accounting to allocate the cost of an asset over its useful life.
Payback Period
The payback period is the time required for an investment to generate cash flows sufficient to recover its initial cost.
Tax Rate
The percentage at which an individual or corporation is taxed by the government on income or profits.
Depreciated
The process of allocating the cost of a tangible or fixed asset over its useful life, reflecting its consumption, wear, and tear, or obsolescence.
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