depreciate
verb
uk/dɪˈpriːʃieɪt/ us [ T ] ACCOUNTING, TAX
when a company depreciates an asset, such as a piece of equipment, it reduces its value in its accounts over a certain length of time:
Machine tools are typically depreciated over seven years.
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amortize
[ I or T ] MONEY, FINANCE
if a currency depreciates or is depreciated, it loses value in comparison with other currencies:
The government allowed the currency to depreciate by 4% to 5% a year to boost Indonesia's export competitiveness.
In the short term the euro is expected to depreciate against the dollar.
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appreciate
[ I ]
to lose value:
The value of a real antique increases over the years, but a reproduction immediately depreciates in value.
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appreciate