depreciate

/di'pri:ʃieit/
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depreciate

The dollar depreciated against the euro last month.

Definition
  1. Verb (transitive):

    • To lower the value or price of something, especially officially or deliberately: To cause something to be worth less money.
    • To belittle, disparage, or speak slightingly of someone or something: To represent something as being of little worth or importance.
  2. Verb (intransitive):

    • To decline in value or price over time: To become worth less money, often due to age, use, or market conditions.
Usage Examples
  • Verb (transitive):

    • The central bank can depreciate the currency to boost exports.
    • It is unkind to depreciate someone's honest efforts.
  • Verb (intransitive):

    • Most cars depreciate rapidly in their first few years.
    • The value of the equipment will depreciate over its useful life.
Advanced Usage
  • Accounting/Finance Context: In accounting, "depreciate" refers to the systematic allocation of the cost of a tangible asset over its useful life.
    • For tax purposes, the company will depreciate the new machinery over five years.
  • Economic Context: Often used regarding currencies or assets losing purchasing power.
    • If inflation is high, the local currency may depreciate against the dollar.
Variants and Related Words
  • Depreciation (noun): The process or amount of losing value.
    • The depreciation of the car was faster than expected.
  • Depreciatory (adjective): Tending to depreciate or belittle.
    • He made a depreciatory remark about the project's scope.
  • Depreciable (adjective): Capable of being depreciated for accounting purposes.
    • Land is not a depreciable asset.
Synonyms
  • Devalue: To reduce the official value of a currency.
  • Diminish: To make or become less.
  • Disparage: To regard or represent as being of little worth.
  • Undervalue: To rate or estimate something below its real worth.
Antonyms
  • Appreciate: To increase in value.
  • Cherish: To hold something dear; the opposite of belittling.
  • Overvalue: To assign too high a value.
Related Phrases
  • To depreciate in value: A common phrase emphasizing the process of losing worth.
    • The building continues to depreciate in value due to poor maintenance.
  • Self-depreciating: (Note: The more common modern term is "self-deprecating," meaning modest about or critical of oneself).
    • Her self-depreciating humor made her very likable. (Note: This usage is less common; "self-deprecating" is standard.)
depreciate

The dollar depreciated against the euro last month.

Verb
  1. lose in value
    • The dollar depreciated again
  2. lower the value of something
    • The Fed depreciated the dollar once again
  3. belittle
    • The teacher should not deprecate his student's efforts

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