English / word
depreciation
noun C1MEANING IN ENGLISH
A reduction in the value of an asset over time, due in particular to wear and tear.
In context
01
The car's depreciation rate is high after five years.
02
Property depreciation lowers resale value.
Synonyms
devaluation,decline in value,depletion
Antonyms
appreciation,increase in value,growth
Collocations
rate of depreciation,annual depreciation,currency depreciation