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The Collaborative International Dictionary of English v.0.48 (gcide)

Depreciate \De*pre"ci*ate\, v. i.
To fall in value; to become of less worth; to sink in
estimation; as, a paper currency will depreciate, unless it
is convertible into specie.
[1913 Webster]


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.
[1913 Webster]

Which . . . some over-severe philosophers may look upon
fastidiously, or undervalue and depreciate. --Cudworth.
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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}.
[1913 Webster]