exponential decay

English

Noun

exponential decay (plural exponential decays)

1. A decrease where the rate of decrease is proportional to the amount remaining.
   • 2017, E. Biørn, Taxation, Technology, and the User Cost of Capital, →ISBN, page 239:

     The service value of the capital stock, i.e. the product of its price and quantity component, is decomposed into a depreciation component and an interest component, similar to the decomposition which holds under exponential decay.