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The Collaborative International Dictionary
Depreciated

Depreciate \De*pre"ci*ate\ (d[-e]*pr[=e]"sh[i^]*[=a]t), v. t. [imp. & p. p. Depreciated (d[-e]*pr[=e]"sh[i^]*[=a]`t[e^]d); p. pr. & vb. n. Depreciating (d[-e]*pr[=e]"sh[i^]*[=a]`t[i^]ng).] [L. depretiatus, depreciatus, p. p. of depretiare, -ciare, to depreciate; de- + pretiare to prize, fr. pretium price. See Price.] To lessen in price or estimated value; to lower the worth of; to represent as of little value or claim to esteem; to undervalue.
--Addison.

Which . . . some over-severe philosophers may look upon fastidiously, or undervalue and depreciate.
--Cudworth.

To prove that the Americans ought not to be free, we are obliged to depreciate the value of freedom itself.
--Burke.

Syn: To decry; disparage; traduce; lower; detract; underrate. See Decry.

Wiktionary
depreciated

vb. (en-past of: depreciate); reduced in value over time.