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deˌvaluˈation

British  
/ diːˌvæljuːˈeɪʃən /

noun

  1. a decrease in the exchange value of a currency against gold or other currencies, brought about by a government Compare depreciation

  2. a reduction in value, status, importance, etc

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.