devaluation
noun
de·val·u·a·tion
(ˌ)dē-ˌval-yə-ˈwā-shən 
-yü-ˈā-
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
In 2023, Benetton Group revenues amounted to 1.1 billion euros, with a net loss of 230 million euros, also due to a devaluation of 150 million euros.
—
Martino Carrera, WWD, 4 July 2024
Responding to the Labour government’s drastic devaluation of the pound, Hella’s attorneys had wisely stipulated that Hayek’s alimony payments be set out in dollars.
—Corey Robin, The New Yorker, 29 June 2024
The task force has also recommended payments to residents based on the harms suffered from inequities such as housing segregation, mass incarceration, over policing, devaluation of Black businesses, and health disparities.
—Nicquel Terry Ellis, CNN, 16 June 2024
The spending cuts and currency devaluation that Mr. Milei has delivered have, at least in the short term, hit the populace hard – exacerbating a recession, increasing poverty to 55%, and driving annual inflation toward 300%, among the highest in the world.
—Isabel Debre, The Christian Science Monitor, 13 June 2024
See all Example Sentences for devaluation 
Martino Carrera, WWD, 4 July 2024
Responding to the Labour government’s drastic devaluation of the pound, Hella’s attorneys had wisely stipulated that Hayek’s alimony payments be set out in dollars.
—Corey Robin, The New Yorker, 29 June 2024
The task force has also recommended payments to residents based on the harms suffered from inequities such as housing segregation, mass incarceration, over policing, devaluation of Black businesses, and health disparities.
—Nicquel Terry Ellis, CNN, 16 June 2024
The spending cuts and currency devaluation that Mr. Milei has delivered have, at least in the short term, hit the populace hard – exacerbating a recession, increasing poverty to 55%, and driving annual inflation toward 300%, among the highest in the world.
—Isabel Debre, The Christian Science Monitor, 13 June 2024
See all Example Sentences for devaluation
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Cite this Entry
“Devaluation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/devaluation. Accessed 27 Jul. 2024.
Copy CitationLegal Definition
devaluation
noun
de·val·u·ation
(ˌ)dē-ˌval-yə-ˈwā-shən
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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