depress vs discourage

depress and discourage both are verbs.

Word	Noun	Adjective	Verb	Adverb
depress	No	No	Yes	No
discourage	No	No	Yes	No

As verbs, discourage is a hypernym of depress; that is, discourage is a word with a broader meaning than depress:

depress: lower someone's spirits; make downhearted
discourage: deprive of courage or hope; take away hope from; cause to feel discouraged

depress (verb)	discourage (verb)
lessen the activity or force of	try to prevent; show opposition to
press down	advise or counsel in terms of someone's behavior
cause to drop or sink	deprive of courage or hope; take away hope from; cause to feel discouraged
lower someone's spirits; make downhearted
lower (prices or markets)