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In Accounting,depreciation Means the Decline in Value of an Asset

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In accounting,depreciation means the decline in value of an asset.


Definitions:

Net Book Value

The value of an asset as recorded in the accounting records, subtracting accumulated depreciation or amortization from the original cost.

Intrinsic Reward

A type of motivation driven by an internal reward, like personal satisfaction or enjoyment of a task.

Job Satisfaction

The level of contentment employees feel about their job roles, which can affect motivation, performance, and turnover.

Share Options

Financial instruments that give the holder the right, but not the obligation, to buy or sell shares at a predetermined price within a specific timeframe.

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