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depreciate

Say it: dih-PREE-shee-ayt /dɪˈpriʃieɪt/ · verb

What “depreciate” means

Become worth less over time.

More precisely: To lose value over time.

Example: “A new car depreciates the moment you drive it off the lot.”

When to use it

When discussing how possessions or business assets lose value as they age. It is common in financial and everyday conversations.

Similar words

devalue, decline, lose value

Where it comes from

From Latin pretium, "price."

Quick check

A camera bought several years ago now sells for much less, although it still works. What has it done?

depreciate or appreciate?

Show the answer

depreciate

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