Meaning of the word depreciate in English

What does depreciate mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

depreciate

US /dɪˈpriː.ʃi.eɪt/
UK /dɪˈpriː.ʃi.eɪt/
"depreciate" picture

Verb

1.

to diminish in value over a period of time

Example:
New cars depreciate rapidly as soon as they are driven off the lot.
The currency has depreciated against the dollar.
2.

to disparage or belittle something

Example:
I do not mean to depreciate your contribution to the project.
Critics often depreciate popular art forms.