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English definition of “depreciate”

depreciate

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