devaluation

CEFRC1

/dɪˌvæljuˈeɪʃən/

noun

Türkçe translations

Translating…

In plain English

  1. 01

    noun

    A reduction in the value of money or something else.

  2. 02

    noun

    Extra detail

    The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value (e.g. the price of gold).

Examples

  • Perpetual revolutions in technology can mean the devaluation of fixed capital on an extensive scale.

  • The Algerian dinar is in danger of a further devaluation.

At a glance

Sits at C1 on the CEFR scale

Senses
3
Parts of speech
1
Citations
1

Deep Dive

noun

Extra meaning

  1. The removal or lessening of something's value.

More examples

In context

  • The devaluation of the currency dealt a crippling blow to the nation's economy.

  • According to Braverman's thesis, Taylorism, or scientific management, has been the key feature in the devaluation and dequalification of work.

Quick test

Two questions on this entry. Nothing is scored.

Question 1 · Quick check

The country's currency suffered a sharp blank after the economic crisis hit.

Practise this properly in the app, where the word comes back before you forget it.

Nearby

Origin

noun

From de- + valuation.