depreciation
depreciation Lexical Profile
depreciation Game Scores & Validity
• noun
A reduction in the monetary value of an asset over time, due in particular to wear and tear or obsolescence, or the accounting allocation of the cost of a tangible asset over its useful life.
"The accountant calculated the annual depreciation of the company's delivery vehicles for the tax return."
A decrease in the value of a currency relative to other currencies in a floating exchange rate system.
"The sharp depreciation of the national currency made imported goods much more expensive for consumers."
The act of belittling, disparaging, or speaking slightingly of someone's achievements or character.
"His constant self-depreciation masked a deep pride in his artistic accomplishments."
Word Nuance & Usage
Do not confuse 'depreciation' with 'deprecation'; 'depreciation' usually refers to a financial loss in value, whereas 'deprecation' means the expression of disapproval (or, in computing, marking a feature as obsolete).
• Rhymes for depreciation
• Nearby Words
Word Origin & Etymology
Borrowed in the mid-17th century from Late Latin depreciatio, a noun of action from depreciare ('to lower in price, undervalue'), formed from de- ('down') and pretium ('price, value').