Advertisement
Advertisement
devaluation
[ dee-val-yoo-ey-shuhn ]
noun
- an official lowering of the exchange value of a country's currency relative to gold or other currencies.
- a reduction of a value, status, etc.
devaluation
- A policy undertaken by a nation to reduce the value of its national currency either in relation to gold or in relation to the currencies of other nations.
Other 51Թ Forms
- i··u·tDz noun
- Dzd·u·tDz adjective
- d·u·tDz noun adjective
51Թ History and Origins
Origin of devaluation1
Example Sentences
The SWA said it would respond formally to the Defra consultation "to robustly defend against any devaluation of the single malt category".
It could also lead to a devaluation of the Canadian dollar at a time when the currency is already struggling due to domestic economic factors, he said.
“Unfortunately for the mortgage world, his policies on tariffs, immigration and tax cuts are all inflationary, and as such, the bond market has been reacting,” she said, noting the current devaluation of bonds.
"While it emphasises the unsung and vital presence of mothers, Nightbitch doesn't probe the broader societal devaluation that actually causes women to feel unfulfilled."
Some universities have also been affected by a currency devaluation in Nigeria.
Advertisement
Related 51Թs
Advertisement
Advertisement
Advertisement
Browse