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Synonyms & Similar Words
Meaning of Depreciate
According to Merriam-Webster, "to depreciate" means to lower the value of something, to become less valuable, or to lose value over time.
Definitions
- The Cambridge Dictionary defines "depreciate" as to become less valuable or to make something less valuable.
- The Oxford Dictionary states that "depreciate" means to reduce the value of something, especially by allowing it to become worn or damaged.
Example Uses
- The company's assets will depreciate over time due to wear and tear.
- The value of the currency depreciated significantly after the economic crisis.
- The new policy aims to prevent the environment from depreciating further.
- The antique furniture depreciated in value after it was damaged in the fire.
- The company's reputation will depreciate if they don't address the customer complaints.