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revaluate

[ ree-val-yoo-eyt ]
/ ri藞v忙l yu藢e瑟t /
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verb (used with object), re路val路u路at路ed, re路val路u路at路ing.
to make a new or revised valuation of; revalue.
to increase the legal exchange value of (a nation's currency) relative to other currencies.
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Origin of revaluate

1920鈥25; probably back formation from revaluation;see re-, value, -ate1

OTHER WORDS FROM revaluate

re路val路u路a路tion, nounnon路re路val路u路a路tion, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, 漏 Random House, Inc. 2021

VOCAB BUILDER

What does聽revaluate聽mean?

Revaluate means to set a new value for something or revise the estimate of something鈥檚 worth. In the specific context of currency exchange, it means to officially change the exchange value of a currency (such as the U.S. dollar), usually so that it鈥檚 worth more compared to other currencies.

Currency exchange is the exchange of one currency (such as the U.S. dollar) for another (such as the British pound). In the system where officials change the exchange rate, the currency is said to have been revaluated, especially if it increases.

Example: Pressure has been put on the nation to revaluate its currency.聽

Where does revaluate come from?

The first records of revaluate in English come from the first part of the 1900s. It is a back formation of revaluation, meaning revaluation came first and then people turned it into the verb revaluate.

Revaluate is often used in the context of money and finance and can mean the same thing as revalue鈥斺渢o give something a new value.鈥 But it鈥檚 often used more narrowly to refer to currency exchange. In a very simplified example, suppose one U.S. dollar could be exchanged for two British pounds. If the pound were to be revaluated to exchange at a rate of one pound for one dollar, it would be worth more. Revaluate is usually used to indicate that the currency will be worth more. When the rate is changed so that the currency is worth less, it has been devaluated or devalued.

Revaluate is sometimes used in the same way as reevaluate, which usually refers to a general assessment of something, but this isn鈥檛 always seen as an appropriate use of the word.

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What are some other forms of revaluate?

What are some synonyms for revaluate?

What are some words that share a root or word element with revaluate?聽

What are some words that often get used in discussing revaluate?

What are some words revaluate may be commonly confused with?

How is聽revaluate used in real life?

Revaluate can be used generally when changing the value of something, but it鈥檚 typically used in the specific context of currency exchange.

Try using聽revaluate!

If the exchange rate was one dollar for one euro, but the euro was revaluated to exchange for two dollars, would the euro be worth more or less?

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