Meaning of depricate

[francies]

Business English Lesson, Advanced Level

ESL/EFL Test #169 "Auto Leasing", question 1

LeaseGuide.com author Al Hearn explains that automobile leasing is based entirely on the ......... that you pay for the amount by which a vehicle's value depreciates during the time you're driving it.

(a) concept
(b) design
(c) image
(d) observation

Business English Lesson, Advanced Level

ESL/EFL Test #169 "Auto Leasing", answer 1

LeaseGuide.com author Al Hearn explains that automobile leasing is based entirely on the concept that you pay for the amount by which a vehicle's value depreciates during the time you're driving it.

Correct answer: (a) concept
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meaning of depricate, please.

francies

[Yankee]

Hi

Depreciate means to lessen or diminish in price or value.

Amy
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"Nearly all men can stand adversity, but if you want to test a man's character, give him power." ~ Abraham Lincoln