had depreciated
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past perfectof depreciate.past perfect
Used to express a completed action that took place before another specific past action occurred.
depreciateverb (used with object)to reduce the purchasing value of (money).
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The pound was last trading at $1.2057, up 0.04% on the day, but it had depreciated around 11% for the year.
From Reuters ● Dec. 30, 2022
Meanwhile, a Russian senator, Andrei Shevchenko, said last year that utility infrastructure in Russia had depreciated by 60 percent and that the cost of needed repairs exceeded 4 trillion rubles, or about $58 billion.
From Washington Post ● Dec. 25, 2022
The man parroted the same answer — the currency had depreciated by more than 10 percent in one day.
From New York Times ● Aug. 28, 2021
Funds would be repatriated to continental and after currencies had depreciated, property in Frankfurt, Paris and Rome would start to look very cheap.
From The Guardian ● Jun. 1, 2012
Commerce was almost extinct; there was not sufficient natural wealth on which to found a revenue; paper currency had depreciated through want of funds for its redemption until it was nearly worthless.
From The Student's Life of Washington; Condensed from the Larger Work of Washington Irving For Young Persons and for the Use of Schools by Washington Irving