Debased vs Depreciated - What's the difference?
debased | depreciated | Related terms |
(debase)
To lower in character, quality, or value; to degrade.
(archaic) To lower in position or rank.Oxford English Dictionary , 2nd ed., 1989.
To lower the value of (a currency) by reducing the amount of valuable metal in the coins.
(depreciate); reduced in value over time.
* 2006:' ''The World Factbook'' -- The currency ' depreciated sharply in 2001 and 2002, which contributed to a dramatic current account adjustment; in 2003 to 2005, Brazil ran record trade surpluses and recorded its first current account surpluses since 1992. [http://www.odci.gov/cia/publications/factbook/geos/br.html]