To decline in value.

Merriam-Webster Online Dictionary
depreciate (verb)
transitive verb
1.
to lower in estimation or esteem
2.
a) to lower the price or estimated value of - depreciate property
intransitive verb
b) to deduct from taxable income a portion of the original cost of (a business asset) over several years as the value of the asset decreases to fall in value decry
Merriam-Webster Online Thesaurus
depreciate (verb)
1.
to diminish the price or value of
SYNONYMS:
attenuate, break, cheapen, depress, devaluate, devalue, downgrade, lower, mark down, reduce, sink, write down, write off
RELATED WORDS:
debase, demonetize; underestimate, underprice, underrate, undervalue; abridge, compress, contract, de-escalate, deflate, downsize, dwindle, lessen, moderate, shrink
NEAR ANTONYMS:
bloat, blow up, inflate; overestimate, overprice, overrate, overvalue; add, aggrandize, amplify, augment, balloon, boost, compound, dilate, enlarge, escalate, expand, extend, heighten, increase, maximize, multiply, raise, swell, up
appreciate, enhance, mark up, upgrade
depreciate (verb)
2.
to express scornfully one's low opinion of
SYNONYMS:
bad-mouth, belittle, cry down, denigrate, deprecate, depreciate, derogate, diminish, dis ( diss), discount, dismiss, disparage, kiss off, minimize, play down, poor-mouth, put down, run down, talk down, trash, trash-talk, vilipend, write off
RELATED WORDS:
discommend; abuse, scold; disapprove (of), dislike; censure, condemn, criticize, denounce, reprehend, reprobate; asperse, defame, malign, rip, slander, slur, traduce, vilify; discredit, disgrace
NEAR ANTONYMS:
approve, countenance, endorse ( indorse), favor, recommend, sanction; commend, compliment, eulogize
acclaim, applaud, exalt, extol ( extoll), glorify, laud, magnify, praise
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