devaluation

noun

de·​val·​u·​a·​tion (ˌ)dē-ˌval-yə-ˈwā-shən How to pronounce devaluation (audio)
-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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Except that those same dollars are spent on labor and inputs necessary to produce whatever American good will supposedly be rendered more competitive by devaluation. John Tamny, Forbes.com, 13 Apr. 2025 This is, in part, about the degradation, devaluation, and replacement of writers. Anna Wiener, New Yorker, 9 Apr. 2025 Inflation is a policy choice of currency devaluation by governments that saps the wealth of earners, along with the investment behind the creation of all wealth. John Tamny, Forbes.com, 6 Apr. 2025 Experts on Chinese production have told The Hill that a 10 to 20-percent tariff could largely be absorbed by the country through a combination of currency devaluation, private sector subsidies and margin adjustments. Tobias Burns, The Hill, 2 Apr. 2025 See All Example Sentences for devaluation

Word History

First Known Use

1914, in the meaning defined at sense 1

Time Traveler
The first known use of devaluation was in 1914

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Cite this Entry

“Devaluation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/devaluation. Accessed 19 Apr. 2025.

Legal Definition

devaluation

noun
de·​val·​u·​ation (ˌ)dē-ˌval-yə-ˈwā-shən How to pronounce devaluation (audio)
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
Last Updated: - Updated example sentences
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