Examlex
At the height of its power in the 1940s,Japan ________.
Salvage
Salvage relates to the estimated resale or scrap value of an asset at the end of its useful life, which is considered when calculating depreciation expenses.
Erosion
The gradual reduction or depletion of an asset's value or the profitability of a business operation, often due to external factors.
Sunk Cost
A past expenditure that has already been incurred and cannot be recovered, which should not affect current or future financial decisions.
Market Value
The current price at which an asset or company can be bought or sold, determined by the supply and demand dynamics in the market.
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