DictionaryRoot: pretium
Latin
pretium
price, value, or reward
Forms
- pretium
- preti- — Used before other endings.
- price — A development through French.
Origin
An inherited Latin word with older Indo-European connections to exchange or value.
Note
What something costs and what it is worth need not be the same, but both belong to this family.
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verb
depreciate
dih-PREE-shee-ayt/dɪˈpriːʃieɪt/
To reduce the value attributed to something.
Etymology
The pieces express bringing a price down. The word first meant undervaluing something, then actually lowering its value, and eventually falling in value—the sense used for assets that lose worth over time.