Associations to the word «Devaluation»

Wiktionary

DEVALUATION, noun. The removal or lessening of something's value.
DEVALUATION, noun. The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value -- the price of gold for example.
DEVALUATION, noun. Depreciation.

Dictionary definition

DEVALUATION, noun. An official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries.
DEVALUATION, noun. The reduction of something's value or worth.

Wise words

Poetry is the rhythmical creation of beauty in words.
Edgar Allan Poe