Definition of “depreciate” - English Dictionary

“depreciate” in British English

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depreciateverb [ I or T ]

uk /dɪˈpriː.ʃi.eɪt/ us /dɪˈpriː.ʃi.eɪt/

(Definition of “depreciate” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“depreciate” in American English

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depreciateverb [ T ]

us /dɪˈpri·ʃIˌeɪt, -ˈprɪʃ·i-/

to cause something to lose value, esp. over time:

Malawi’s currency was rapidly depreciating.
noun [ U ] us /dɪˌpri·ʃiˈeɪ·ʃən, -ˌprɪʃ·i-/

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)

“depreciate” in Business English

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uk /dɪˈpriːʃieɪt/ us

[ T ] ACCOUNTING, TAX when a company depreciates an asset, such as a piece of equipment, it reduces its value in its accounts over a certain length of time:

Machine tools are typically depreciated over seven years.

[ I or T ] MONEY, FINANCE if a currency depreciates or is depreciated, it loses value in comparison with other currencies:

The government allowed the currency to depreciate by 4% to 5% a year to boost Indonesia's export competitiveness.
In the short term the euro is expected to depreciate against the dollar.

[ I ] to lose value:

The value of a real antique increases over the years, but a reproduction immediately depreciates in value.

(Definition of “depreciate” from the Cambridge Business English Dictionary © Cambridge University Press)