devaluation
Americannoun
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an official lowering of the exchange value of a country's currency relative to gold or other currencies.
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a reduction of a value, status, etc.
noun
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a decrease in the exchange value of a currency against gold or other currencies, brought about by a government Compare depreciation
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a reduction in value, status, importance, etc
Other Word Forms
- minidevaluation noun
- postdevaluation adjective
- predevaluation noun
Etymology
Origin of devaluation
Explanation
Devaluation is when the worth of something is underestimated. If nobody appreciates your corny jokes, you might say, "The devaluation of humor in this family is truly tragic!" You can use the word devaluation for anything that isn't fully appreciated or valued, but it's more often used in an economic context. When a government deliberately lowers the value of its currency, as it compares to other countries, that's devaluation. It's one way to lower the cost of exporting goods, and it sometimes helps repair an ailing economy. Devaluation comes from value, "worth or price," and its Latin source, valere, "be strong."
Vocabulary lists containing devaluation
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The devaluation of that nuance is worse than the loss of any award.
From Salon • Mar. 11, 2026
The country is running low on the greenbacks used for a big portion of purchases, and which many Venezuelans try to save as insurance against bolivar devaluation.
From Barron's • Nov. 14, 2025
But Guidotti said while the benefits of a currency devaluation are temporary, “taxes that start out as temporary become permanent.”
From The Wall Street Journal • Oct. 31, 2025
Adding to the risk is Argentina's long history of currency devaluation and debt default, including most recently in 2020.
From BBC • Oct. 30, 2025
Of Africa's Francophone countries, Chad benefited least from the 50% devaluation of their currencies in January 1994.
From The 2001 CIA World Factbook by United States. Central Intelligence Agency
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.