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Noun: depreciation  di,pree-shee'ey-shun
  1. A decrease in price or value
    "depreciation of the dollar against the yen"
     
  2. Decrease in value of an asset due to obsolescence or use
    "The landlord deducted money from the security deposit to cover normal depreciation";
    - wear and tear
     
  3. Act of belittling or reducing the worth, value, or importance of something
    "The article was full of depreciation for the new technology";
    - disparagement, derogation

Derived forms: depreciations

Type of: decrease, diminution, discourtesy, disrespect, financial loss, non-cash expense, reduction, step-down

Antonym: appreciation

Encyclopedia: Depreciation