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[dee-val-yoo-ey-shuh n] /diˌvæl yuˈeɪ ʃən/
an official lowering of the exchange value of a country's currency relative to gold or other currencies.
a reduction of a value, status, etc.
Origin of devaluation
First recorded in 1910-15; devaluate + -ion
Related forms
minidevaluation, noun
postdevaluation, adjective
predevaluation, noun, adjective Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for devaluation
Contemporary Examples
Historical Examples
  • Then the day after devaluation, we switch it all back into dollars again.

    The Common Man Guy McCord (AKA Dallas McCord Reynolds)
  • Rouble inflation will not fully reflect the devaluation for a long time.

    After the Rain Sam Vaknin
  • They erected defensive barricades of self-aggrandizement and of my devaluation.

    After the Rain Sam Vaknin
  • Avoid contentions, divisions and animosities, which too frequently terminate in bloodshed and devaluation.

British Dictionary definitions for devaluation


a decrease in the exchange value of a currency against gold or other currencies, brought about by a government Compare depreciation (sense 4)
a reduction in value, status, importance, etc
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for devaluation

1898; see de- + valuation. Specific application to currency is from 1914.

Online Etymology Dictionary, © 2010 Douglas Harper
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devaluation in Culture

devaluation definition

A policy undertaken by a nation to reduce the value of its national currency either in relation to gold or in relation to the currencies of other nations.

The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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