C1
appreciation vs depreciation vs devaluation
The difference
| Word | Meaning | Goes with | Example |
|---|---|---|---|
| appreciationnoun/əˌpriː.ʃiˈeɪ.ʃən/ | Meaning thanks for something, or the understanding of how good or valuable something is | Goes with express appreciation | Example She sent flowers as a token of her appreciation. |
| depreciationnoun/dɪˌpriː.ʃiˈeɪ.ʃən/ | Meaning the fall in the value of an asset over time because of age or use | Goes with annual depreciation | Example The accountant recorded the depreciation of the delivery trucks in the annual report. |
| devaluationnoun/ˌdiː.væl.juˈeɪ.ʃən/ | Meaning an official decision to lower the value of a country's money compared with other currencies | Goes with currency devaluation | Example The government announced a devaluation of the currency on Friday. |
Which word fits?
1 of 8Pick the word for the gap. Its form may change in the sentence.
Currency raised the price of imports.