depreciate

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de|pre|ci|ate /dɪpr'iːʃieɪt/ (depreciates depreciating depreciated)
[VERB] V, V n, V by amount
If something such as a currency depreciates or if something depreciates it, it loses some of its original value.
Inflation is rising rapidly; the yuan is depreciating...
The demand for foreign currency depreciates the real value of local currencies...
During those five years, the pound depreciated by a quarter...
● depreciation [N-VAR]
...miscellaneous costs, including machinery depreciation and wages...

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