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Adjective: depreciatory  di'pree-sh(ee-)u,to-ree [N. Amer], di'pree-sh(ee-)u-tree [Brit]
  1. Tending to decrease or cause a decrease in value
    "depreciatory effects on prices";
    - depreciating, depreciative
  2. Tending to diminish or disparage
    "depreciatory comments";
    - belittling, deprecating, deprecative, deprecatory, depreciative, slighting

See also: decreasing, uncomplimentary