devaluation
IPA: dɪvæɫjuˈeɪʃʌn
noun
- 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.
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Examples of "devaluation" in Sentences
- Kevin and Gwen deactivates the Devaluation bomb.
- Devaluation is the exact opposite of revaluation.
- In 1994, I worked on the devaluation of the currency.
- The devaluation of the currency had an immediate effect.
- He strongly objected to the devaluation of Indian Rupee.
- Also the devaluation of the Steyr rifle is a classic error.
- There is also risk of inflation and devaluation of the currency.
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