Depreciate
/dɪˈpriːʃieɪt/verb
To lessen in value over time.
The value of a new car will depreciate as soon as it's driven off the lot.
Often appears as...
- depreciate in value
- rapidly depreciate
Definition 1 of 4
Pro Tip 1/2Common Usage
Often used for physical goods that lose value, like cars and electronics.
My laptop has depreciated significantly over the last two years.
Pro Tip 2/2Market Influence
Market trends can accelerate depreciation; keep context in mind.
Smartphones depreciate faster due to frequent new models.
Compare with
cheapendevalueunderestimatewrite down
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