devalue


de·val·ue

verb \(ˌ)dē-ˈval-(ˌ)yü\

finance : to lower the value of a country's money so that it is worth less when it is traded with another country's money

: to cause (something or someone) to seem or to be less valuable or important

Full Definition of DEVALUE

transitive verb
1
:  to institute the devaluation of (money)
2
:  to lessen the value of
intransitive verb
:  to institute devaluation

Examples of DEVALUE

  1. The government has decided to devalue its currency.
  2. Economic woes forced the government to devalue.
  3. He argues that placing too many requirements on schools devalues the education they provide.

First Known Use of DEVALUE

1918

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