devaluation

devaluation

See also: dévaluation

English

Etymology

    From de- + valuation.

    Pronunciation

    • Rhymes: -eɪʃən

    Noun

    devaluation (countable and uncountable, plural devaluations)

    1. The removal or lessening of something's value.
      • 2016, Lorraine Giordano, Beyond Taylorism, page 28:
        According to Braverman's thesis, Taylorism, or scientific management, has been the key feature in the devaluation and dequalification of work.
    2. (economics) The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value (e.g. the price of gold).
    3. Depreciation.

    Derived terms

    Translations