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

The chief virtue that language can have is clearness, and nothing detracts from it so much as the use of unfamiliar words.
Hippocrates