depreciation

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depreciation

the decline in value over time of capital items.
References in periodicals archive ?
From the medium-long term view, given the fundamentals of current account surplus, the abundant foreign reserve, the balanced fiscal condition, and the robust financial system, there is no basis for RMB to depreciate continuously.
That said, in the opposite case, when the lira depreciates, exporters are able to decrease their prices in terms of the dollar or the euro according to the difference existing between import price-cost increases and export price rises in terms of the lira.
1 : belittle <He often depreciates his own talent.
In contrast, a BMW 325d SE Coupe depreciates by only 25% in its first year, by 37% after two years and by 47% after three years.
Buying a cheaper car that depreciates rapidly is a false economy.