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v. cheap·ened, cheap·en·ing, cheap·ens
1. To make cheap or cheaper.
2. To lower in public estimation; debase or degrade: misconduct that cheapened a high office.
To become cheap or cheaper.

cheap′en·er n.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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The late Lucy Dawidowicz, distinguished historian of the fate of East European Jewry in the twentieth century conflagration, declared that there should be a moratorium on the use of the word "Holocaust"--that it has become a crutch and an excuse and a cheapener of memory--and what she said is undeniably right and healthy.