Devaluation Meaning
/dɪˌvæljuˈeɪʃən/Definition, CEFR level C1, pronunciation, examples, and quiz.
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Definition
nounThe removal or lessening of something's value.
nounThe 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).
Sentence Examples
The devaluation of the currency dealt a crippling blow to the nation's economy.
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.
CEFR Practice Quiz
The country's currency suffered a sharp ____ after the economic crisis hit.
CEFR Practice Quiz (Alternate)
The ____ of the currency dealt a crippling blow to the nation's economy.
Word Origin & History
Etymology tree Proto-Indo-European *de Proto-Indo-European *-h₁ Proto-Indo-European *déh₁ Proto-Italic *dē Latin dē Latin dē-der. English de- English valuation English devaluation From de- + valuation.
Literary Quotations & Historical Citations
"According to Braverman's thesis, Taylorism, or scientific management, has been the key feature in the devaluation and dequalification of work."
— 2016, Lorraine Giordano, Beyond Taylorism, page 28:
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CEFR Practice Quiz
The country's currency suffered a sharp ____ after the economic crisis hit.
CEFR Practice Quiz (Alternate)
The ____ of the currency dealt a crippling blow to the nation's economy.