depreciate
If something depreciates, it loses value.
To become less valuable, or to make something less valuable, especially over time or because of market changes.
In accounting, to spread the cost of equipment or another asset over the years it is used.
To record a fixed asset as losing value over time by charging part of its cost as an expense in each accounting period.
To criticize or undervalue someone or something; this use is formal and uncommon.
To make someone or something seem less important, valuable, or impressive; to disparage them.
- Base: depreciate
- 3rd Person Singular: depreciates
- Present Participle: depreciating
- Past: depreciated
depreciate against
1lose relative currency value
When one currency depreciates against another, it becomes worth less compared with that currency.
- The yen depreciated against the dollar during the week.
- If the peso depreciates against the euro, imported goods may become more expensive.
- The currency has depreciated against most of its major trading partners.
- The pound depreciated against the dollar.
- Our currency depreciated against the euro.
depreciating asset
1asset losing value
A thing you own that usually becomes worth less over time.
- A new car is usually a depreciating asset.
- Borrowing heavily to buy a depreciating asset can be risky.
- Some investors avoid putting too much cash into depreciating assets.
- My car is a depreciating asset.
- Phones are often depreciating assets.
fully depreciated
1asset fully written off
In accounting, the asset's cost has already been completely counted as an expense.
- The old printer is fully depreciated, but it still works.
- They sold a fully depreciated truck for a small gain.
- Even though the equipment was fully depreciated, it remained on the factory floor.
- The van is fully depreciated.
- The computer is old and fully depreciated.