Devaluation - definition, pronunciation, transcription

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Amer.  |ˌdiːˌvæljʊˈeɪʃn|  American pronunciation of the word devaluation
Brit.  |ˌdiːvæljʊˈeɪʃ(ə)n|  British pronunciation of the word devaluation

noun

- an official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries
- the reduction of something's value or worth

Extra examples

Prices tumbled after the devaluation of the currency

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