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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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British Dictionary definitions for mini-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 mini-devaluation

devaluation

n.

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

Online Etymology Dictionary, © 2010 Douglas Harper
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mini-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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