The European currency has depreciated dramatically against the U.S. dollar over the past few months, falling from over $1.50 to the euro on Dec. 1 to $1.35 Tuesday.
If their currencies depreciate dramatically, it will get much harder to service this debt.
Love, economists have discovered, is depreciating rapidly.
Are our classic authors depreciating along with the dollar?
Now, it has another problem: a rapidly depreciating currency.
You can almost smell the vehicles depreciating.
Factor in the loss of wealth in housing, still depreciating.
Since the gold price tend to be dramatically cyclical, subject to many factors involving its demand and supply, it can be quite difficult to value gold in an environment of constantly depreciating paper currencies.
Assets like these are called depreciating assets.
Straight-line is a very common method for depreciating assets.
The thinktank said: "Inflation would jump dramatically as sterling depreciates, investment would plummet and consumer spending would be hit by lower real incomes".
