Depreciation is when the value of a currency is lowered. The depreciation of the U.S. dollar when compared to the Euro, for example, means that you'll pay more for things in Europe at the current exchange rate.

Depreciation is from the Latin word depretiare, which means to lower in price, with the roots de, meaning "down," and pretium, meaning "price." If something goes down in value, then the amount of the decrease is called depreciation. If, for example, you buy a car for $10,000, but a year later it is only worth $8,000 due to wear and tear, then the depreciation on the car is $2,000.

Definitions of depreciation

n a decrease in price or value

depreciation of the dollar against the yen”
an increase in price or value
Type of:
decrease, diminution, reduction, step-down
the act of decreasing or reducing something

n decrease in value of an asset due to obsolescence or use

wear and tear
straight-line method, straight-line method of depreciation
(accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the asset's useful life
write-down, write-off
(accounting) reduction in the book value of an asset
deduction, tax deduction, tax write-off
a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Type of:
non-cash expense
an expense (such as depreciation) that is not paid for in cash
financial loss
loss of money or decrease in financial value

n a communication that belittles somebody or something

derogation, disparagement
show 14 types...
hide 14 types...
cold water
disparagement of a plan or hope or expectation
belittling, denigration
a belittling comment
aspersion, slur
a disparaging remark
detraction, petty criticism
a petty disparagement
sour grapes
disparagement of something that is unattainable
condescension, disdain, patronage
a communication that indicates lack of respect by patronizing the recipient
calumniation, calumny, defamation, hatchet job, obloquy, traducement
a false accusation of an offense or a malicious misrepresentation of someone's words or actions
ethnic slur
a slur on someone's race or language
assassination, blackwash, character assassination
an attack intended to ruin someone's reputation
malignment, smear, vilification
slanderous defamation
a false and malicious publication printed for the purpose of defaming a living person
words falsely spoken that damage the reputation of another
name calling, names
verbal abuse; a crude substitute for argument
epithet, name
a defamatory or abusive word or phrase
Type of:
discourtesy, disrespect
an expression of lack of respect

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