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
  1. noun
    a decrease in price or value
    depreciation of the dollar against the yen”
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    an increase in price or value
    type of:
    decrease, diminution, reduction, step-down
    the act of decreasing or reducing something
  2. noun
    decrease in value of an asset due to obsolescence or use
    synonyms: wear and tear
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    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
  3. noun
    a communication that belittles somebody or something
    synonyms: derogation, disparagement
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    show 14 types...
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    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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