depreciation
Translation
decrease in value, devaluation, amortization
Examples
The car has suffered significant depreciation.
The car has suffered significant depreciation.
We must account for the depreciation of assets.
We must account for the depreciation of assets.
Grammar Patterns
depreciation ((of sth.)) The depreciation of the currency is a problem.
Similar Words
Synonyms: devaluation, reduction; Antonyms: appreciation, increase
Etymology
From the verb 'depreciate' + the noun-forming suffix '-ation'. Root is Latin 'de-' (down) + 'pretium' (price).
Memory Tips
This is the noun form of 'depreciate'. Think of it as the process or result of the value going down.