had been depreciating

• past perfect progressive

  past perfect progressive

  Used to describe an action that was ongoing continuously in the past up until another past event interrupted it.

  of depreciate.
  depreciate

  verb (used with object)

  to reduce the purchasing value of (money).

Related Words

• decrease
• depress
• deteriorate
• diminish
• dwindle
• erode
• lessen
• lower
• soften
• undervalue
• worsen
• write off