C1verbformalmoneybusiness
US/dɪˈpriː.ʃi.eɪt/
UK/dɪˈpriː.ʃi.eɪt/
to lose value over time, or to record that something has lost value in the accounts
In context
New cars depreciate quickly in the first two years after purchase.
The company will depreciate the equipment over ten years.
The currency depreciated against the dollar after the announcement.
Words that go with depreciate
verb + adverb
- depreciate quicklyLaptops depreciate quickly, so don't overpay.
verb + noun
- depreciate an assetAccountants depreciate an asset over its useful life.
verb + preposition
- depreciate in valueCars usually depreciate in value every year.
- depreciate against the dollarThe local currency depreciated against the dollar last year.
- depreciate over timeOffice furniture will depreciate over time.