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The Definition of - devaluation (noun)

    noun
    1.
    an official lowering of the exchange value of a country's currency relative to gold or other currencies.
    2.
    a reduction of a value, status, etc.

Word Example of - devaluation

    Example Sentences for devaluation

    Rouble inflation will not fully reflect the devaluation for a long time.

    They erected defensive barricades of self-aggrandizement and of my devaluation.

    Then the day after devaluation, we switch it all back into dollars again.

    Avoid contentions, divisions and animosities, which too frequently terminate in bloodshed and devaluation.

Word Origin & History of - devaluation

    Word Origin & History

    devaluation 1898, from de- + valuation. Specific application to currency is from 1914.

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