Definition of devaluation in English:

devaluation

Pronunciation /ˌdēˌvalyəˈwāSH(ə)n/ /ˌdiˌvæljəˈweɪʃ(ə)n/

noun

  • 1The reduction or underestimation of the worth or importance of something.

    ‘the general devaluation of expertise in our culture’
    ‘his philosophical views led to a devaluation of the individual’
    • ‘This fundamental view can help to understand the process of valuation or devaluation in architecture.’
    • ‘It was not, however, recognized by many country gentlemen, who bitterly resented this devaluation of their treasured status.’
    • ‘In the most recent of these, Maybury argued that these trends reflect a continuing devaluation of women's accomplishments.’
    • ‘We believe that if this mast is erected it will lead to a devaluation of land and property in the area.’
    • ‘Buyers do not run the risk of a later devaluation by more copies being printed.’
    • ‘The processes and degrees of devaluation, distortion and stigmatisation are different for each group.’
    • ‘Some women use drugs as a means of self-medication to cope with their own devaluation and low self-esteem.’
    • ‘The family meal has undergone a steady devaluation from its one time role at the center of human life.’
    • ‘Those who are losers suffer social devaluation, which can lead quickly into alienation and loneliness.’
    • ‘Yet the inflation of psychiatric diagnosis has resulted in its devaluation.’
    1. 1.1Economics The reduction in the official value of a currency in relation to other currencies.
      ‘a financial crisis will result in severe devaluation of the country's currency’
      ‘the pound has suffered a devaluation’
      • ‘The export ratio has not improved in 30 years despite many devaluations of the dollar.’
      • ‘Indeed, it seems that many countries cannot end the spiral of debt and devaluation.’
      • ‘Besides protecting against inflation and devaluation, there are compelling reasons for a country to decide to give up so much control over its economy.’
      • ‘Asian governments vowed to avoid the devaluations they were forced into 10 years earlier.’
      • ‘It is completely impossible to decrease the amount of dollars by a factor of 25, except through massive devaluation.’

Pronunciation

devaluation

/ˌdēˌvalyəˈwāSH(ə)n/ /ˌdiˌvæljəˈweɪʃ(ə)n/