revaluation
IPA: rivˈæɫjuˈeɪʃʌn
noun
- The process of altering the relative value of a currency or other standard of exchange.
- A reassessment of the value or worth of something; a reappraisal or reevaluation.
- (UK, pensions) The application of compound growth to the value of a pension benefit, specifically from the date of the member leaving the scheme (for example, moving to a different employer) to the date that the member starts receiving the benefit (typically retirement).
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Examples of "revaluation" in Sentences
- After a careful revaluation of the company's assets, it was clear that their worth had significantly decreased
- The revaluation of the property resulted in a higher appraisal value than originally anticipated
- The ongoing revaluation of the team's strategy led to a series of changes in their approach to the project
- The sudden revaluation of the currency caused panic among investors and led to a sharp decline in the stock market
- The revaluation of the historical documents shed new light on the events that transpired centuries ago
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