Question

increase in value of any asset is called appreciation
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Answer 1

Answer:

Appreciation, in general terms, is an increase in the value of an asset over time. The increase can occur for a number of reasons, including increased demand or weakening supply, or as a result of changes in inflation or interest rates. This is the opposite of depreciation, which is a decrease in value over time.

Answer 2

Answer:

• Appreciation, in general terms, is an increase in the value of an asset over time. The increase can occur for a number of reasons, including increased demand or weakening supply, or as a result of changes in inflation or interest rates. This is the opposite of depreciation, which is a decrease in value over time.

Step-by-step explanation:

Grow in Value Over Time

Land. ...

Homes, Condos, Apartments and Other Real Estate. ...

A Diversified Portfolio of Stock. ...

Silver and Gold. ...

Business Property. ...

Cryptocurrencies.