devaluation Definition
- 1the act of reducing the value of a currency in relation to other currencies
- 2the 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
Phrases with 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.
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.
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.'
