Basic Details
Word: Depreciate
Part of Speech: Verb
Meaning: To decrease in value or worth over time.
Synonyms: Diminish, decrease, lessen
Antonyms: Appreciate, increase, rise
Idioms and Phrases
- Depreciate in value: To lose worth over time. Example: "The car began to depreciate in value as soon as I drove it off the lot."
- Not worth a dime: Something that has very little value or is no longer useful. Example: "That old television set has depreciated so much, it's not worth a dime."
Usage Examples
Example 1: Many products tend to depreciate in value shortly after they are purchased, especially electronics.
Example 2: If you keep your car well-maintained, it may not depreciate as quickly as other cars.
Example 3: The accountant explained how the company's assets would depreciate over time for tax purposes.
Fun Fact
Did you know that items can depreciate for various reasons, such as wear and tear, changes in market demand, or the introduction of newer models or technologies?
Famous Quote
"Everything that is made is subject to depreciation." - Tom Peters
Multiple Choice Questions (MCQs)
1. What does "depreciate" mean?
a) To increase in value
b) To decrease in value
c) To remain the same
d) To change colour
Answer: b) To decrease in value
2. Which of these is a synonym of "depreciate"?
a) Appreciate
b) Diminish
c) Expand
d) Enhance
Answer: b) Diminish
3. What is the antonym of "depreciate"?
a) Diminish
b) Appreciate
c) Decline
d) Reduce
Answer: b) Appreciate
4. Which sentence uses "depreciate" correctly?
a) My favourite book began to depreciate after I read it.
b) The value of the house may depreciate over time if no repairs are made.
c) The athlete's performance may depreciate their fame.
d) The flowers often depreciate in colour during the summer.
Answer: b) The value of the house may depreciate over time if no repairs are made.
5. What does the phrase "not worth a dime" suggest?
a) It costs a lot of money.
b) It has some value.
c) It has very little value.
d) It is priceless.
Answer: c) It has very little value.
