devaluation
Americannoun
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an official lowering of the exchange value of a country's currency relative to gold or other currencies.
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a reduction of a value, status, etc.
noun
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a decrease in the exchange value of a currency against gold or other currencies, brought about by a government Compare depreciation
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a reduction in value, status, importance, etc
Other Word Forms
Etymology
Origin of devaluation
Explanation
Devaluation is when the worth of something is underestimated. If nobody appreciates your corny jokes, you might say, "The devaluation of humor in this family is truly tragic!" You can use the word devaluation for anything that isn't fully appreciated or valued, but it's more often used in an economic context. When a government deliberately lowers the value of its currency, as it compares to other countries, that's devaluation. It's one way to lower the cost of exporting goods, and it sometimes helps repair an ailing economy. Devaluation comes from value, "worth or price," and its Latin source, valere, "be strong."
Vocabulary lists containing devaluation
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
That practice must end, because it is a "complete devaluation of the resource that is so fortunately endowed in places like Nigeria and other countries," he told BBC Focus on Africa.
From BBC ● Jul. 20, 2026
But that sweeping generality about serenity’s devaluation could easily apply to any culture, Hayao Miyazaki might say.
From Salon ● Jul. 15, 2026
Fernando Romero, president of the College of Economists of Tarija, a city in southern Bolivia, told AFP the devaluation would "likely cause the prices of imported goods to increase."
From Barron's ● Jun. 29, 2026
Just over a week ago, the dollar index fell to a four-year low on fears of a more prolonged devaluation in the U.S. currency.
From MarketWatch ● Feb. 9, 2026
Growth fell back to 3.1% in 2001 and 2.1% in 2002, largely due to lackluster global growth and the devaluation of the Argentine peso, but recovered to 3.2% in 2003.
From The 2004 CIA World Factbook by United States. Central Intelligence Agency
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.
