Depreciate

Part of Speech

Verb

Pronunciation

English (UK): /dɪˈpriːʃɪeɪt/

English (US): /dɪˈpriʃiˌeɪt/

Definitions

1. To reduce in value over time, especially in reference to financial assets.
2. To belittle or express disapproval of something.

Usage Examples

• The car began to depreciate in value as soon as it was driven off the lot.
• He tended to depreciate his own achievements, showing a sense of humility.

Etymology

Derived from Latin depretiare ("to reduce in value"), later evolving into depreciate in English during the 17th century.

Synonyms

• Diminish
• Devalue
• Belittle
• Undermine
• Reduce

Antonyms

• Appreciate
• Enhance
• Increase
• Boost
• Value

Translations

Regional Pronunciation Variations

In American English, the "sh" sound is more pronounced, while in British English, the ending is softer and more fluid.

Historical Usage

The term was first recorded in financial contexts during the 17th century, mainly in reference to currency losing its value.

Cultural Nuances

"Depreciate" is commonly used in financial discussions, particularly in real estate, taxation, and business accounting. In a more figurative sense, it is also used to describe someone downplaying or undervaluing something.

More Information

The concept of depreciation is crucial in economics and business, influencing asset valuation and tax deductions. In personal finance, understanding depreciation helps individuals make informed decisions about purchasing long-term assets.