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Depreciate for Dummies

verb

pronunciation: dɪ'pri,ʃieɪt

What does Depreciate really mean?

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Hey there! So, the word "depreciate" can mean a few different things, but I'll try to break it down for you in a way that makes sense. When something depreciates, it means that its value goes down over time. For example, think about a new car. When you first drive it off the lot, it's worth a lot of money. But as time goes on and it gets older, the value of the car depreciates, or decreases.

In a financial sense, when something depreciates, it means that its worth or value is decreasing. This can happen to things like assets, investments, or even currency. It's kind of like when you have a toy that you really love and play with all the time, and eventually it starts to wear out and lose its value.

So, to sum it up, when something depreciates, it means that its value is going down over time. Whether it's a car, an asset, or something else, when it depreciates, it's becoming less valuable. I hope that helps you understand the word "depreciate" a little better!

Revised and Fact checked by Daniel Taylor on 2023-11-09 18:31:09

Depreciate In a sentece

Learn how to use Depreciate inside a sentece

  • Over time, a car often depreciates in value due to wear and tear.
  • When you buy a new phone, it will start to depreciate as soon as you take it out of the box.
  • The value of a house may depreciate if it is not properly maintained.
  • Some electronic devices can depreciate quickly as new models with better features are released.
  • Certain currencies can depreciate in value compared to other currencies over time.

Depreciate Synonyms

Words that can be interchanged for the original word in the same context.

Depreciate Antonyms

Words that have the opposite context of the original word.

Depreciate Hypernyms

Words that are more generic than the original word.

Depreciate Hyponyms

Words that are more specific than the original word.