Curable Depreciation

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Definition: When the correction of a defect results in as much added value as the cost to correct the defect.

Pronunciation:   \ˈkyu̇r-ə-bəl\ \di-ˌprē-shē-ˈā-shən\

Used in a Sentence:   The repair of the cracked driveway was considered a curable depreciation because the owners were able to recoup the costs by getting a higher price for their house.

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