Link Centre Dictionary

devaluation

de·va·lua·tion

US/ˌdivæljuˈeɪʃʌn/ uncommon

noun

1.

an official lowering of a nation''s currency; a decrease in the value of a country''s currency relative to that of foreign countries

2.

the reduction of something''s value or worth

Origin

From de- + valuation.

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WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). CMU Pronouncing Dictionary. WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.