devaluation

[dee-val-yoo-ey-shuhn]

devaluation Definition

• 1. the act of reducing the value of a currency in relation to other currencies
• 2. the act of reducing the value or importance of something

Using devaluation: Examples

Take a moment to familiarize yourself with how "devaluation" can be used in various situations through the following examples!

• Example

  The government's decision to devalue the currency led to inflation.

• Example

  The devaluation of the company's stock caused many investors to lose money.

• Example

  The devaluation of her contributions to the project was demotivating for her.

devaluation Synonyms and Antonyms

Synonyms for devaluation

• depreciation
• cheapening
• downgrading

Antonyms for devaluation

• appreciation
• revaluation

Phrases with devaluation

• currency devaluation

  a deliberate downward adjustment in the official exchange rate of a country's currency relative to other currencies

  Example

  The country's economy was struggling, so the government decided to implement a currency devaluation.

• self-devaluation

  the act of undervaluing oneself or one's abilities

  Example

  Her constant self-devaluation was preventing her from achieving her goals.

• moral devaluation

  the act of reducing the moral worth or importance of something

  Example

  The widespread use of violence in movies has led to a moral devaluation of human life.

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Summary: devaluation in Brief

The term 'devaluation' [dee-val-yoo-ey-shuhn] refers to the act of reducing the value of something. In finance, it is often used to describe the reduction of a currency's value in relation to other currencies, leading to inflation. Examples include 'The government's decision to devalue the currency led to inflation.' 'Devaluation' can also refer to the reduction of the value or importance of something, as in 'The devaluation of her contributions to the project was demotivating for her.'