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English definition of “depreciate”

depreciate

verb [T]    /dɪˈpri·ʃIˌeɪt, -ˈprɪʃ·i-/
to cause something to lose value, esp. over time: Malawi’s currency was rapidly depreciating. depreciation    /dɪˌpri·ʃiˈeɪ·ʃən, -ˌprɪʃ·i-/ noun [U] The dollar’s depreciation will lead to higher inflation and interest rates, hurting the economy.
(Definition of depreciate verb from the Cambridge Academic Content Dictionary © Cambridge University Press)
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