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devaluation

One entry found.

Main Entry: de·val·u·a·tion
Pronunciation: \(ˌ)dē-ˌval-yə-ˈwā-shən, -yü-ˈā-\
Function: noun
Date: 1914

1 : an official reduction in the exchange value of a currency by a lowering of its gold equivalency or its value relative to another currency
2 : a lessening especially of status or stature : decline


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