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devaluation
[ dee-val-yoo-ey-shuhn ]
noun
- an official lowering of the exchange value of a country's currency relative to gold or other currencies.
- a reduction of a value, status, etc.
devaluation
- A policy undertaken by a nation to reduce the value of its national currency either in relation to gold or in relation to the currencies of other nations.
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Other Words From
- mini·de·valu·ation noun
- postde·valu·ation adjective
- prede·valu·ation noun adjective
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Word History and Origins
Origin of devaluation1
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Example Sentences
It closed 2013 with 56 per cent inflation, and this year began with a massive devaluation of its currency.
It does no good to goose your manufacturing exports with a devaluation if your manufacturers can't buy raw materials.
Exporters would presumably like that, since it will lead to a devaluation of the shekel.
Not only does this signal a terrifying devaluation of women, it exacerbates the issue.
Inflation in the high-growth economies will change the relative real wages between the counties the same way a devaluation can.
Rouble inflation will not fully reflect the devaluation for a long time.
They erected defensive barricades of self-aggrandizement and of my devaluation.
Avoid contentions, divisions and animosities, which too frequently terminate in bloodshed and devaluation.
Then the day after devaluation, we switch it all back into dollars again.
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