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self deprecating 

Insulting; devaluing; or belittling oneself, often in a sarcastic or humorous way.
Young girls are so self deprecating. They never talk about anything but their flaws.

Tate: I have to cancel our plans this weekend!
Lana: Don't worry about it; I'm an expert when it comes to spending weekends alone.
Tate: You're so self deprecating sometimes, Lana.
self deprecating by Kellyisawin! December 2, 2013

deprecated 

Vi is deprecated! Move up to Vim!
deprecated by The Grammar Nazi March 19, 2001

derprecated 

That crappy function is derprecated

self-deprecation 

belittling one's self: the act of belittling yourself or your achievements
She has low self-esteem and is prone to self-deprecation.
self-deprecation by BobTheMan October 20, 2005

Self-Deprecation 

Making fun of oneself for entertainment. It's usually done by people who are depressed, but you shouldn't just assume.
Self-Deprecation is such a common form of humor, even Urban Dictionary itself does it.

Depreciation

(v.) The act of depreciating, is lowering the value of an asset with a calculable value. This mostly refers to the value for old items falling as the demand for them wanes.
There is a lot of depreciation to be considered on the prices of cars where the manufacturer constantly changes the look. 50's, 60's and 70's Mercedes-Benz were almost unchanged, right down to the starting point for change- the headlights. This means that such collectors items are worth more (when inflation is added) then current Mercedes will be at that age. Since BMW likes to change appearance more often, thier cars depreciate more.