Depreciate

To allocate the purchase cost of an asset over its life. The New York Times Financial Glossary

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depreciate de‧pre‧ci‧ate [dɪˈpriːʆieɪt] verb
1. [intransitive] to decrease in value over a period of time:

• If you don't get your car serviced regularly, it will depreciate quickly.

2. [intransitive, transitive] FINANCE if a currency depreciates, it goes down in value compared to the currencies of other countries:

• People will switch to dollars, depending on how much they think the exchange rate will depreciate.

• Mexico's central bank was committed to depreciating the peso by no more than 6.6% against the dollar.

3. [transitive] ACCOUNTING TAX LAW to reduce the value of a fixed asset over the particular period of time allowed under tax law:

• Other fixed assets are depreciated on a straight line basis at annual rates which vary according to the class of asset.

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depreciate UK US /dɪˈpriːʃieɪt/ verb
[T] ACCOUNTING, TAX when a company depreciates an asset, such as a piece of equipment, it reduces its value in its accounts over a certain length of time: »

Machine tools are typically depreciated over seven years.

Compare AMORTIZE(Cf. amortize)
[I or T] MONEY, FINANCE if a currency depreciates or is depreciated, it loses value in comparison with other currencies: »

The government allowed the currency to depreciate by 4% to 5% a year to boost Indonesia's export competitiveness.

»

In the short term the euro is expected to depreciate against the dollar.

Compare APPRECIATE(Cf. ↑appreciate)
[I] to lose value: »

The value of a real antique increases over the years, but a reproduction immediately depreciates in value.

Compare APPRECIATE(Cf. ↑appreciate)

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • depreciate — de·pre·ci·ate /di prē shē ˌāt/ vb at·ed, at·ing vt: to subject to depreciation: lower the value of vi: to fall in value compare appreciate Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Depreciate — De*pre ci*ate (d[ e]*pr[=e] sh[i^]*[=a]t), v. t. [imp. & p. p. {Depreciated} (d[ e]*pr[=e] sh[i^]*[=a] t[e^]d); p. pr. & vb. n. {Depreciating} (d[ e]*pr[=e] sh[i^]*[=a] t[i^]ng).] [L. depretiatus, depreciatus, p. p. of depretiare, ciare, to… …   The Collaborative International Dictionary of English

  • Depreciate — De*pre ci*ate, v. i. To fall in value; to become of less worth; to sink in estimation; as, a paper currency will depreciate, unless it is convertible into specie. [1913 Webster] …   The Collaborative International Dictionary of English

  • depreciate — [v1] devalue, lose value abate, cheapen, decay, decrease, decry, deflate, depress, deteriorate, devalorize, diminish, downgrade, drop, dwindle, erode, fall, lessen, lower, mark down, reduce, soften, underrate, undervalue, worsen, write down,… …   New thesaurus

  • depreciate — (v.) mid 15c., from L. depretiatus, pp. of depretiare to lower the price of, undervalue, from DE (Cf. de ) down (see DE (Cf. de )) + pretium price (see PRICE (Cf. price)). Related: Depreciated; deprec …   Etymology dictionary

  • depreciate — *decry, disparage, derogate, detract, belittle, minimize Analogous words: underestimate, undervalue, underrate (see base words at ESTIMATE): asperse, *malign Antonyms: appreciate Contrasted words: prize, cherish, treasure, value (see APPRECIATE) …   New Dictionary of Synonyms

  • depreciate — ► VERB 1) reduce in value over a period of time. 2) disparage or belittle. DERIVATIVES depreciation noun depreciatory adjective. ORIGIN Latin depreciare lower in price, undervalue …   English terms dictionary

  • depreciate — [dē prē′shē āt΄, diprē′shē āt΄] vt. depreciated, depreciating [ME depreciaten < LL depretiatus, pp. of depretiare, to lower the price of (in LL(Ec), to make light of) < L de , from + pretiare, to value < pretium, PRICE] 1. to reduce in… …   English World dictionary

  • depreciate — To allocate the purchase cost of an asset over its life. Bloomberg Financial Dictionary * * * depreciate de‧pre‧ci‧ate [dɪˈpriːʆieɪt] verb 1. [intransitive] to decrease in value over a period of time: • If you don t get your car serviced… …   Financial and business terms

  • depreciate — deprecate, depreciate 1. The two words are similar in form and in current use overlap somewhat in meaning, but their origin is different. Deprecate is from Latin deprecari ‘to prevent by prayer’ and its primary current meaning is ‘to express… …   Modern English usage

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