noun

depreciation

depreciation, devaluation

The car's depreciation is high in the first year.

The car's depreciation is high in the first year.

We need to account for the depreciation of assets.

We need to account for the depreciation of assets.

depreciation of ((sth.)) The depreciation of the currency is a problem.

Synonyms: devaluation, reduction; Antonyms: appreciation, inflation

From Latin 'de-' (down) + 'pretium' (price). It literally means the action of the price going down.

Think 'de-price-ation'. The value or price of something is going down. Often used for cars or equipment.

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