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Degressive for Dummies

adjective

pronunciation: dɪ'grɛsɪv

What does Degressive really mean?

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Alright, so "degressive" is a pretty interesting word. It's not something we use every day, but it's still important to understand. So, when we say something is degressive, we're talking about a decrease or reduction in something over a period of time. It's like when you have a big bag of chips and you keep eating them little by little, so the amount of chips in the bag decreases over time. That's a degressive process!

In a more technical sense, "degressive" can also refer to a type of tax system where the tax rate decreases as the amount of income increases. So, the more money you make, the smaller percentage of it you have to pay in taxes. It's kind of like a reverse discount - the more you earn, the less you have to give back.

I hope that makes sense! It's a bit of a tricky concept, but I'm sure you'll get the hang of it. If you have any more questions, feel free to ask and I'll do my best to help you out!

Revised and Fact checked by Sarah Anderson on 2023-11-15 06:10:52

Degressive In a sentece

Learn how to use Degressive inside a sentece

  • The degressive tax system means that the higher your income, the lower the percentage of tax you have to pay.
  • With degressive pricing, the cost per unit decreases as the quantity purchased increases.
  • In a degressive relationship, as one variable increases, the other variable decreases at a decreasing rate.
  • The degressive depreciation method allows for larger deductions in the early years of an asset's life.
  • Some businesses use degressive branding strategies, where the initial cost is high, but the cost decreases over time as the brand gains recognition.

Degressive Similar Words

Words that similar to the original word, but are not synonyms.