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The word "ordinance" refers to a law or regulation enacted by a governmental authority, often at the local level, which governs specific practices or behaviors within a community. Its significance lies in its role in maintaining order and public safety. On the other hand, "depreciate" denotes a decrease in the value of an asset over time, often due to wear, age, or market conditions. This concept is crucial in economics and accounting, as it affects financial statements and investment decisions.

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5d ago

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