devalue

[dee-val-yoo]

verb (used with object)

devalued, devaluing 

1. to deprive of value; reduce the value of.

2. to fix a lower value on (a currency).

verb (used without object)

devalued, devaluing 

1. to undergo devaluation.

   The currency has devalued at a rapid rate.

devalue

/ diːˈvæljuː, diːˈvæljuːˌeɪt /

verb

1. to reduce (a currency) or (of a currency) be reduced in exchange value

2. (tr) to reduce the value or worth of (something)

Word History and Origins

Origin of devalue¹

First recorded in 1915–20; de- + value

Example Sentences

Some thought that to avert this Milei might have to let the currency devalue drastically – which would lead to a spike in prices as people's money would suddenly be worth less.

Read more on BBC

His initial devaluing of the peso by 50% caused inflation to spike but then it fell as people spent less and demand fell.

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Markets have long been concerned that China would devalue its currency in response to tariffs, says Brooks.

Read more on Barron's

Markets have long been concerned that China would devalue its currency in response to tariffs, says Brooks.

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Many Hollywood professionals will tell you not to take unpaid gigs, as it devalues your work and the industry itself.

Read more on Los Angeles Times

Related Words

• decrease 
• devaluate 
• lower 
• revalue 
• undervalue