👉 In finance, "deprecating" refers to a reduction in value or purchasing power of an asset due to its depreciation over time. This can include changes in the cost of production, such as increased raw materials costs or changes in labor productivity, which can lead to decreased profitability for the company that owns the asset. For example, if an old car is purchased for $10,000 and it depreciates by 25% over its life, it would have a value of