- Depreciate is defined as to decline in value over a period of time, or to reduce the value of assets in accounting records.
- When a piece of machinery becomes old and less valuable, this is an example of when the value depreciates.
- When you own a machine that you use for your business and you reduce the value of the asset on your accounting records each year, this is an example of when you depreciate the value.
- to reduce in value or price
- to make seem less important; belittle; disparage
Origin: Middle English depreciaten ; from Late Latin depretiatus, past participle of depretiare, to lower the price of (in Ecclesiastical Late Latin to make light of) ; from Classical Latin de-, from plush pretiare, to value ; from pretium, price
Used by arrangement with John Wiley & Sons, Inc.
verb de·pre·ci·at·ed, de·pre·ci·at·ing, de·pre·ci·ates verb, transitive
- To lessen the price or value of.
- To write off an expenditure for (a tangible asset) by prorating over a certain period, usually the estimated useful life of the asset.
- To think or speak of as being of little worth; belittle. See Synonyms at decry. See Usage Note at deprecate.
Origin: Medieval Latin dēpreciāre, dēpreciāt-, alteration of Latin dēpretiāre : dē-, de- + pretium, price; see per-5 in Indo-European roots.
- de·preˈci·aˌtor noun