depreciate

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de·pre·ci·ate / diˈprēshēˌāt/ • v. 1. [intr.] diminish in value over a period of time: the pound is expected to depreciate against the dollar. ∎  reduce the recorded value in a company's books of (an asset) each year over a predetermined period: the computers would be depreciated at 50 percent per annum.2. [tr.] disparage or belittle (something): she was already depreciating her own aesthetic taste.DERIVATIVES: de·pre·ci·a·to·ry / -shēəˌtôrē/ adj.

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