Difference between revisions of "Currency depreciation"
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| − | + | [[Currency depreciation]] is a phenomenon that occurs when a particular currency is worth less than it previously was. | |
==Definitions== | ==Definitions== | ||
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
| − | : | + | :[[Currency depreciation]]. Occurs when a particular currency is worth less than it previously was. |
==Related concepts== | ==Related concepts== | ||
Latest revision as of 09:25, 30 October 2019
Currency depreciation is a phenomenon that occurs when a particular currency is worth less than it previously was.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Currency depreciation. Occurs when a particular currency is worth less than it previously was.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
