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- DictionaryDe·val·u·a·tion/ˌdēˌvalyo͝oˈāSH(ə)n/
noun
- 1. the reduction or underestimation of the worth or importance of something: "the general devaluation of expertise in our culture"
devaluation. [countable, uncountable] (finance) a reduction in the value of the money of one country when it is exchanged for the money of another country. There has been a further small devaluation against the dollar.
Nov 27, 2023 · Devaluation is an economic phenomenon representing a deliberate or market-driven reduction in the value of a currency relative to other currencies or tangible assets.
Jul 31, 2023 · Currency devaluation is the deliberate lowering of a country's currency value compared to another's, affecting the exchange rate. It modifies the economy by changing...
When a government deliberately lowers the value of its currency, as it compares to other countries, that's devaluation. It's one way to lower the cost of exporting goods, and it sometimes helps repair an ailing economy.
4 days ago · 1. a. a reduction in the amount or fineness of a metal, esp. gold, officially designated as the standard of value of a monetary unit. b. an official lowering of the exchange value of a currency with reference to other currencies. 2. a lessening in value, importance, etc.
1. a. a reduction in the amount or fineness of a metal, esp. gold, officially designated as the standard of value of a monetary unit. b. an official lowering of the exchange value of a currency with reference to other currencies. 2. a lessening in value, importance, etc. Webster’s New World College Dictionary, 4th Edition.
a situation in which the value of something is reduced: the devaluation of the dollar. (Definition of devaluation from the Cambridge Learner's Dictionary © Cambridge University Press)
