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Definition of devaluation

devaluation

/diːˌvæljuˈeɪʃən/
de · val · u · a · tion
Plural:devaluations
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devaluation Lexical Profile

devaluation Game Scores & Validity

• noun

1

An official reduction in the exchange value of a nation's currency relative to gold or other currencies.

Example

"The central bank announced a sharp devaluation of the currency in an effort to boost exports."

2

The act or process of reducing or underestimating the worth, importance, or prestige of something.

Example

"Critics argued that the new grading policy led to a gradual devaluation of academic standards."

Synonyms
View all synonyms for devaluation
Antonyms
View all antonyms for devaluation

Word Nuance & Usage

In economics, 'devaluation' specifically refers to a deliberate downward adjustment of a currency's exchange rate by a government or central bank, whereas 'depreciation' refers to a decline in currency value driven naturally by market forces.

• Rhymes for devaluation

• Nearby Words

deutzia
deux
devaluate
devaluation
devalue
devastate
devastated

Cite this Entry

Wordmom. (2026). Definition of Devaluation. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/devaluation
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