Devaluation - definition, pronunciation, transcription
Amer.
|ˌdiːˌvæljʊˈeɪʃn|
Brit.
|ˌdiːvæljʊˈeɪʃ(ə)n|
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
- the reduction of something's value or worth
Extra examples
Prices tumbled after the devaluation of the currency
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