depreciate

/dɪˈpriːʃieɪt/
verb
  1. To decrease in value over time, especially regarding assets or currency.
    • The company's equipment depreciates by 10% each year for tax purposes.
    • New cars depreciate quickly once you drive them off the lot.
    • If the economy weakens, the national currency may depreciate against the dollar.
  2. To speak about something or someone in a way that shows a lack of respect; to belittle.
    • He would often depreciate his own achievements to avoid seeming boastful.
    • It's not kind to depreciate your friend's efforts when they tried their best.
    • The critic's review seemed designed to depreciate the artist's entire career.
Antonyms
What does "depreciate" mean? | whatsthatwordmean | whatsthatwordmean