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devaluation

[dee-val-yoo-ey-shuh n] /diˌvæl yuˈeɪ ʃən/
noun
1.
an official lowering of the exchange value of a country's currency relative to gold or other currencies.
2.
a reduction of a value, status, etc.
Origin
1910-1915
1910-15; devaluate + -ion
Related forms
minidevaluation, noun
postdevaluation, adjective
predevaluation, noun, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for devaluation
  • Paying this debt off in today's dollars is inconceivable without devaluation.
  • Being seen on television could cut against that nagging sense of devaluation.
  • devaluation does nothing but boost exports by making them cheaper, which any business can do by simply reducing prices.
  • With all risk of devaluation apparently removed, capital poured in from abroad.
  • devaluation worked: the economy roared back to life.
  • It should also be clear that devaluation works if you can ensure that you're the only one that does it.
  • Now, of course, over the long run a perpetual programme of devaluation will make a currency worthless.
  • The clinching argument was the damage that a devaluation could wreak elsewhere.
  • devaluation might help exports but would also make it harder for households to pay back their foreign loans.
  • It made use of external devaluation, but it actually had to impose capital controls to limit the adjustment.
British Dictionary definitions for devaluation

devaluation

/diːˌvæljuːˈeɪʃən/
noun
1.
a decrease in the exchange value of a currency against gold or other currencies, brought about by a government Compare depreciation (sense 4)
2.
a reduction in value, status, importance, etc
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for devaluation
n.

1898; see de- + valuation. Specific application to currency is from 1914.

Online Etymology Dictionary, © 2010 Douglas Harper
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devaluation in Culture

devaluation definition


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.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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15
19
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