devaluation

IPA: dɪvæɫjuˈeɪʃʌn

The removal or lessening of something's value.
(economics) The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value (e.g. the price of gold).
Depreciation.

Examples of "devaluation" in Sentences

The devaluation is an absolutely necessary thing to do.
On the other hand, devaluation is a crucial part of restoring competitiveness.
Insults convey their long-term devaluation of government and public-sector employees.
McGrath blames the media and the prevailing political agenda for what she describes as the devaluation of women's roles.
For sure devaluation is the solution for 20 years off high unemployment, half off them with a huge currenct account surplus!
If the devaluation is to succeed in its eventual goal of encouraging domestic industry, then prices for imported goods are going to have to rise.
However, in listening to all of Lindsey's material, he sometimes uses the term devaluation as a price increase and sometimes as an actual devaluation percentage.
* Nationalist because he thinks devaluation is the ultimate solution, but devaluation in a keynsian framework just means to shift the costs to other countries. abb1 says:
The metal's status as a currency alternative also continues to receive a boost as perceived safe-haven currencies face the prospect of long-term devaluation from accommodative monetary policy, said Bob Haberkorn , a market strategist with MF Global.