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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.

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Definitions of depreciate from WordNet

depreciate (v.)
belittle;
Synonyms: deprecate / vilipend
depreciate (v.)
lower the value of something;
The Fed depreciated the dollar once again
depreciate (v.)
lose in value;
The dollar depreciated again
Synonyms: undervalue / devaluate / devalue
From wordnet.princeton.edu