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devalue

[dee-val-yoo]
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verb (used with object), de·val·ued, de·val·u·ing.
  1. to deprive of value; reduce the value of.
  2. to fix a lower value on (a currency).
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verb (used without object), de·val·ued, de·val·u·ing.
  1. to undergo devaluation: The currency has devalued at a rapid rate.
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Also devaluate.

Origin of devalue

First recorded in 1915–20; de- + value
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

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British Dictionary definitions for devaluing

devalue

devaluate (diːˈvæljuːˌeɪt)

verb -values, -valuing, -valued, -valuates, -valuating or -valuated
  1. to reduce (a currency) or (of a currency) be reduced in exchange value
  2. (tr) to reduce the value or worth of (something)
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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

Word Origin and History for devaluing

devalue

v.

1918, a back-formation from devaluation. Related: Devalued; devaluing.

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Online Etymology Dictionary, © 2010 Douglas Harper