devaluation

noun
de·​val·​u·​a·​tion | \ (ˌ)dē-ˌval-yə-ˈwā-shən How to pronounce devaluation (audio) , -yü-ˈā- \

Definition of devaluation

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

Examples of devaluation in a Sentence

Recent Examples on the Web One recent report quoted several Williamson residents who expressed concerns about potential explosions, land devaluation and other emotional fears. David Blackmon, Forbes, 12 July 2022 Doing this can be pivotal to avoiding massive layoffs as well as shareholder impatience, public scrutiny or the devaluation of a company. Max Nirenberg, Forbes, 27 June 2022 Pope said the meeting at HUD allowed participants, including Black homeowners, to share experiences in appraisal biases to learn the scope of the problem and the path to end the devaluation of Black homeownership. NBC News, 6 Apr. 2022 But widespread fears that a sharp devaluation of the peso is coming, along with higher inflation, suggest otherwise. Mary Anastasia O’grady, WSJ, 10 July 2022 But really, the most momentous things were the massive devaluation in Russia in August of '98 and the election of Hugo Chavez in December of '98. CBS News, 22 June 2022 These redesigns assert a commitment to action; reversing years of rising inflation, devaluation, and structural poverty and inequality is a far more difficult task. Federico Perelmuter, The New Republic, 21 June 2022 The sanctions caused a massive devaluation in that country's currency, while the Bank of Russia more than doubled interest rates to 20% to slow runs on its banks. Matthew Brown, USA TODAY, 1 Mar. 2022 And, when the devaluation of the Mexican peso, in 1982, cratered cross-border trade, South Texas increasingly turned to winter tourism to boost its economy. Rachel Monroe, The New Yorker, 29 Mar. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'devaluation.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of devaluation

1914, in the meaning defined at sense 1

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The first known use of devaluation was in 1914

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Dictionary Entries Near devaluation

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devaluation

devalue

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Last Updated

7 Aug 2022

Cite this Entry

“Devaluation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/devaluation. Accessed 11 Aug. 2022.

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More Definitions for devaluation

devaluation

noun
de·​val·​u·​ation | \ (ˌ)dē-ˌval-yə-ˈwā-shən How to pronounce devaluation (audio) \

Legal Definition of devaluation

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 of the value of something (as an asset) portfolio devaluation

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