devaluation
|de-val-u-a-tion|
B2
🇺🇸
/diˌvæljuˈeɪʃən/
🇬🇧
/diːˌvæljuˈeɪʃən/
(devalue)
reduce worth
Etymology
Etymology Information
'devaluation' originates from the Latin word 'valere,' meaning 'to be worth.'
Historical Evolution
'devaluation' evolved from the French word 'dévaluer,' which meant 'to lower the value of.'
Meaning Changes
Initially, it meant 'to lower the value of currency,' but now it can also refer to reducing the importance of something.
Meanings by Part of Speech
Noun 1
a reduction in the value of a currency with respect to other monetary units.
The government announced a devaluation of the national currency.
Synonyms
Antonyms
Noun 2
a decrease in the perceived value or importance of something.
The devaluation of the company's stock was unexpected.
Synonyms
Antonyms
Idioms
Last updated: 2025/01/11 11:45