What context can I use each word in?
Learn when and how to use these words with these examples!
depreciation
Example
The depreciation of the car was significant due to its age and high mileage. [depreciation: noun]
Example
The company's assets have been subject to depreciation over the years. [depreciation: noun]
Example
The depreciation of the currency has led to higher import prices. [depreciation: noun]
devaluation
Example
The government announced the devaluation of the currency to boost exports. [devaluation: noun]
Example
The devaluation of the company's stock has caused concern among investors. [devaluation: noun]
Example
The devaluation of traditional gender roles has led to greater equality in society. [devaluation: noun]
Good things to know
Which word is more common?
Depreciation is more commonly used than devaluation in everyday language, as it can be applied to a wider range of contexts. However, devaluation is more commonly used in the context of economics and finance.
What’s the difference in the tone of formality between depreciation and devaluation?
Devaluation is typically used in formal contexts, such as academic or business writing, while depreciation can be used in both formal and informal contexts.
