Depreciate Definition
dĭ-prēshē-āt
depreciated, depreciates, depreciating
verb
depreciated, depreciates, depreciating
To reduce in value or price.
Webster's New World
To write off an expenditure for (a tangible asset) by prorating over a certain period, usually the estimated useful life of the asset.
American Heritage
To drop in value or price.
Webster's New World
To make seem less important; belittle; disparage.
Webster's New World
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.
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