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Origin and history of depreciate

depreciate(v.)

mid-15c., "to undervalue, under-rate," from Latin depretiatus, past participle of depretiare "to lower the price of, undervalue," from de "down" (see de-) + pretium "price" (see price (n.)). From 1640s in transitive sense of "lessen the value of, to lower in value." Intransitive sense of "to fall in value, become of less worth" is from 1790. Related: Depreciated; depreciating.

Entries linking to depreciate

c. 1200, pris, "non-monetary value, worth; praise," later "recompense, prize, reward," also "sum or amount of money which a seller asks or obtains for goods in market" (mid-13c.), from Old French pris "price, value, wages, reward," also "honor, fame, praise, prize" (Modern French prix), from Late Latin precium, from Latin pretium "reward, prize, value, worth" (from PIE *pret-yo-, suffixed form of *pret-, extended form of root *per- (5) "to traffic in, to sell").

Praise, price, and prize began to diverge in Old French, with praise emerging in Middle English by early 14c. and prize, with the -z- spelling, evident by late 1500s. Having shed the extra Old French and Middle English senses, price again has the ancient sense of the Latin original. To set (or put) a price on someone, "offer a reward for capture" is from 1766.

1767, "a lowering of value" (originally of currency), noun of action from depreciate. Sense of "a belittling, deliberate underestimation of the merits of a person, action, or thing" is from 1790. Meaning "loss of value of a durable good by age or wear" is from 1900.

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