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Depreciation
01
a decline in something's price or value
02
decrease in value of an asset due to obsolescence or use
03
a communication that belittles somebody or something
Example
The company recorded a significant depreciation in the value of its assets due to changes in market conditions.
The depreciation of the currency has led to an increase in the cost of imported goods.
Economic uncertainty has resulted in the depreciation of stock prices across various sectors.
The car's value has experienced rapid depreciation since it was purchased brand new.
Depreciation of property values in the neighborhood has made it difficult for homeowners to sell their houses.
