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to designate a payment or owing is called a credit B pledge C whatever or D debit D debit the meaning of debit is an amount owed Jane saw a property that was nine hundred thousand dollars then found another property that had the same use design and income in the next town over for six hundred thousand dollars because of the price she purchased the home in the next town over this would be the principal of a regression B contribution C progression or D substitution D substitution the principle of substitution is determining the maximum value of a particular parcel of property by seeing what itll cost to obtain an equally desirable substitute property definitions of market value are least concerned with a value in exchange B market cost C open market or D objective value market cost market value is the present worth of one commodity to draw on the open market how much item cost has no relevance to its value property taxes are described as ad valorem taxes ad valorem most nearly Means A r