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Inverter-induced high-frequency bearing currents are a parasitic effect that can occur in variable-speed drive systems. While the physical cause-and-effect chains are understood, little has been known on appropriate quantitative assessment of the phenomena. This paper discusses reliable techniques for the measurement of different parameters of importance for the bearing damage assessment, including their effects on the phenomena and measured quantities. A good understanding of these correlations allows custom-design cost-effective handling of the matter.